Lunch to auditors

Dipjyoti Majumdar (CA in service & CS. dipmaj@ rediffmail.com )   (3468 Points)

23 December 2013  

Friends,

During audit the company usually provides lunch to auditor and auditor's representatives. Where should the expenses be booked ideally. In my present company we debit office maintenance. Your comments please.

Should such expenses, wherever be booked, be disclosed in PL statement as remuneration to auditors alongwith audt fees.

Regards,