Ifrs and indian as.. please help

pavitra gupta (CA) (28 Points)

11 March 2015  
I have a query relating to dep which i am unable to solve so thought you could help me on that.
 
query goes like this-
 
We have concept of writing off assets valuing less than 5000rs.
 
Suppose we have a building that costs Rs 6000 and we provide WDV on that. Now we have constructed one more room in that building which costed us rs 4000. So, we add this 40000 to 60000 and treat building as rs.10000.
 
IFRS has the concept of componentization ie each part of an item of property, plant, and equipment with a cost that is significant in relation to the total cost of the item shall be depreciated separately.
 
Now my ques is, if any indian company is applying IFRS how will they deal with this? Will they write off room cost of Rs4000  treating room and building separately as per IFRS or they will treat building and room as one as charge normal dep on Rs10000.
 
Also, is concept of writing off assets less than rs5000 there in IFRS?
 
Thanks in advance,
Pavitra