Mobile Instrument Owned By Company Should Be Depreciated Or Charge Off To P&L

Dear Friends:
Please let us know when company own mobile instrument, may be black-berry or so, wheras the cost of instrument in more than Rs. 5000/-.
As per normal policy says that it should be capitalised but keeping in mind for trace of this and having materiallity items in value compare to the total fixed asset it is not possible to keep trap of all this.
Please suggest and also provide reference to any AS if required
Thanks
Dinesh

Dinesh,
It should be capatilised and do not charge to P&L A/c. Please refere AS10 on Accounting for Fixed Assets.

Thanks Anurag,
Please find the attached herewith policy which has the references from AS-10, AS-6 and Shcedule XIV of the companies act.
It seems from overall reading that company's management can decide to charge it off & responsibility lies with company's management to substantiate the materialty concept in this regards.
Also i came to know from friends that many companies charged it off to P&L in case of your balance sheet size is large.
Thanks