if the bill raised in the name of employee depreciation can't claimed by the company becasue employee is the owner .
refundable means recoverable.
some time employer will recover money in installments from employee. (deduct from monthly salary before payment)
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
