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Fixed assets purchase by co. on behalf of director

This query is : Resolved 
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(Querist)
23 May 2013 Dear sir,

If company purchase fixed assets for Rs. 500000/-for director
depreciation taken in company or some % taken director
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
24 May 2013 Depreciation to be taken by the company. Showing the assets in companys fixed asset register.

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