Easy Office
LCI Learning

Taxability on reimbursement of business related expenses

This query is : Resolved 

16 May 2013 Whether entertainment reimbursement related to business is exempt from tax to employee.

29 May 2013 If it is to the extent related to the business of the company, then only it will be allowed. I have seen in many cases of my client they book the personal expenses as well in entertainment expense such as shopping, family travelling, household expenses, same will not be allowed by AO if case comes under scrutiny.

Pls feel free for any clarification.

Regards
CA Mayank Chopra
+91-971777-5548



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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries