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Dep on water purifire

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(Querist)
18 February 2012 Dear Sir,
One our Client which is a company purchased a water purifier for its off. but & showed it as a expenses now my query is that is it shown as a asset for claiming the Dep on it or not
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B Ravi Kumar ACMA, MBA, M Com

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B Ravi Kumar ACMA, MBA, M Com (Expert)
18 February 2012 You check the value of the asset. If it is less than rs.5000/- u write off 100% in same year.

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