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Directors

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(Querist)
03 September 2013 My director bought a car by way of Personal loan. But the due is paid by company. Then How I Should take in account?
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CA Vijeta Verma

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CA Vijeta Verma (Expert)
04 September 2013 since it is a personal liablity of director borne by the company ,it will be treated as an perquisite for director

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