06 February 2013
this depends upon the company's policy to charge the benchmark amount where even assets less than INR 100,000 can be charged directly to P&L. No aspect of INR 5,000 or other amounts is relevant. Please look into materiality aspect for specific cases. No amount is identified as to be shown under assets or directly charged to P&L. Appropriate heading could be depreciation (100%) on such assets.
CAclubindia
