Depreciation on items less than 5000

rajendra (not yet) (24 Points)

24 June 2013  

Respected Experts,

I have come across one issue is regarding depreciation.

As per the rules of depreciation we have to write off the items 100% whose value is less than 5000 but i want to know what about those items whose opening WDV is less than 5000 and have no addittion in the current year.Will they be fully written off or charged at normal depreciation rates?

Please tell me the reason if they will be written of @ 100% rate.