05 January 2013
If asset is less than Rs.5,000 then full depriciation is to be claimed ???
And suppose for example i purchased a assembled computer in it there are many accesories present which i had purchased for less than Rs.5,000 then those all items have to be fully depriciated Or these assets are going to be integrated and i will take the cost of the whole computer for depriciation purpose or will go component wise ??
Guest
Guest
(Expert)
10 January 2013
In that case the full amount of the assembeled parts will be capitalized to computer a/c.
02 February 2013
Thanks for your feedback AND i have one more doubt suppose i had purchased a part for a second hand machinery and that part is less than Rs 5,000??
02 February 2013
Thanks for your feedback AND i have one more doubt suppose i had purchased a part for a second hand machinery and that part is less than Rs 5,000??
CAclubindia
