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Furniture purchase on behalf of director

This query is : Resolved 
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(Querist)
24 May 2013 IF FURNITURE PURCHASE BY COMPANY ON BEHALF OF DIRECTOR FOR RS. 5000000/-. TOTAL AMOUNT IS ADDED IN DIRECTOR REMUNERATION PERKS OR ONLY DEPRECIATION CHARGES ADDED PERKS. KINDLY CONFIRM.
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Ganeshbabu K

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Ganeshbabu K (Expert)
29 May 2013 If asset is for personal purpose of director
total amount(purchase cost) to be debited to his account and can be recovered from remuneration
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