24 May 2013
IF FURNITURE PURCHASE BY COMPANY ON BEHALF OF DIRECTOR FOR RS. 5000000/-. TOTAL AMOUNT IS ADDED IN DIRECTOR REMUNERATION PERKS OR ONLY DEPRECIATION CHARGES ADDED PERKS. KINDLY CONFIRM.
29 May 2013
If asset is for personal purpose of director total amount(purchase cost) to be debited to his account and can be recovered from remuneration
CAclubindia
