Hi Sir / Madam,
I have started Proprietorship firm, I operate my business from my residence. Can I show the foll expenses as reimbursement to my family member in firm's books of accounts:
- Landline Telephone Bill, which is in the name of my Mother in Law used for my business
- Mobile Bill, which is in the name of my husband used for my business
- Petrol bill of Car of my husband which is sometime used for my business purpose
- Medical expenses on myself & my family member
Request your revert on my above query.
Thanks,
Bharti Somani