Need help
680 Points
Joined November 2021
Too many needless complications in the above answers!
The solution is rather simple: the company buys the laptop from the employee. You might lose out on the ITC (but that concern was not mentioned in the query) - but you can capitalise the entire value because that will be your cost of purchase.
Run this by your auditor once - so long as there is an actual asset that was acquired and an actual payment made, it should not be a problem.