Furniture purchase on behalf of director

This query is : Resolved 

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.

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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