Need help in making employee benefit policy
This query is : Resolved
Murali Krishna Koppu
(Querist)
10 December 2011
Hi,
Our company wants to create a employee benefit policy which is as follows:
Employee purchases laptop from vendor (no surety from company) using Loan facility i.e 12months EMI. They need to pay 4months EMI upfront in first month & 8 Months EMI in next 8months.Our company wants to repay the entire money in 24 equal installments to employee and at the end of 2nd year employee will become owner of laptop.
Requesting you to analyze the above situation and suggest ways of implementing this policy.
Thanks & Regards,
Murali Krishna K
Hyderabad
9885442675
Our company wants to create a employee benefit policy which is as follows:
Employee purchases laptop from vendor (no surety from company) using Loan facility i.e 12months EMI. They need to pay 4months EMI upfront in first month & 8 Months EMI in next 8months.Our company wants to repay the entire money in 24 equal installments to employee and at the end of 2nd year employee will become owner of laptop.
Requesting you to analyze the above situation and suggest ways of implementing this policy.
Thanks & Regards,
Murali Krishna K
Hyderabad
9885442675
13 December 2011
BUY THE LAPTOP IN THYENE CO AND NAME OF THE COMAPNY AND SELLAT THE NED OF TWO YEARS ON WDV PRACTICALLY NEGLIGIBLE
Murali Krishna Koppu
(Querist)
19 December 2011
Sir,
Company doesnt want to spend money from his pocket as this is a startup. Company doesnt bother about depreciation claim.
Thanks,
Murali
Company doesnt want to spend money from his pocket as this is a startup. Company doesnt bother about depreciation claim.
Thanks,
Murali
Dhirajlal Rambhia
(Expert)
23 July 2023
"Sorry, I am not a featured member."
For featured members contact....
https://www.caclubindia.com/catalogue/featured.asp
For featured members contact....
https://www.caclubindia.com/catalogue/featured.asp
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Gst registered proprietorship firm
- TDS Challan - change of FY 2025-26 to TY 2026-27
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- SALARY CAN BE CAPITALIZE
- GST Intimation due to Government took possession of Business Premises under PPE Act
- TDS on Fixed Assets purchased
- TDS on purchase of under construction property from a reseller
- Non filing of I T Returns
- GST on Renting godown to KFCSC for Storage of Raagi
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
