If I purchased a fixed asset below Rs. 5000 then it's depreciated 100% in the year of purchase but if I purchased more than one asset which individual value is less than Rs. 5000 but bill amount (aggregately) is above Rs.5000 then wheter the asset will be depreciated 100% or not (refer section 250 read with 350)
And what are the depreciation (under section 32) as per IT Act, 1961
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