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Depreciation

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(Querist)
24 June 2015 in the case of proprietorship firm , if WDV of assets is less than rs.5000 then can 100% depreciation can be claimed ? pls reply as soon as possible.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
24 June 2015 Yes. you can take 100% depreciation for your books.accordingly you can make the depreciation policy also

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