Need help in making employee benefit policy

This query is : Resolved 

10 December 2011 Hi,

Our company wants to create a employee benefit policy which is as follows:

Employee purchases laptop from vendor (no surety from company) using Loan facility i.e 12months EMI. They need to pay 4months EMI upfront in first month & 8 Months EMI in next 8months.Our company wants to repay the entire money in 24 equal installments to employee and at the end of 2nd year employee will become owner of laptop.

Requesting you to analyze the above situation and suggest ways of implementing this policy.

Thanks & Regards,
Murali Krishna K
Hyderabad
9885442675

13 December 2011 BUY THE LAPTOP IN THYENE CO AND NAME OF THE COMAPNY AND SELLAT THE NED OF TWO YEARS ON WDV PRACTICALLY NEGLIGIBLE

19 December 2011 Sir,
Company doesnt want to spend money from his pocket as this is a startup. Company doesnt bother about depreciation claim.

Thanks,
Murali


23 July 2023 "Sorry, I am not a featured member."

For featured members contact....

https://www.caclubindia.com/catalogue/featured.asp



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries