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Querist : Anonymous

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Querist : Anonymous (Querist)
08 April 2014 Is advance given to meet business expenses adjustible with salary payable if excess of such advance is left?
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Rupesh Jain

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Rupesh Jain (Expert)
08 April 2014 yes you can deduct as advance given to staff
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Querist : Anonymous

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Querist : Anonymous (Querist)
08 April 2014 @ Rupesh.. the advances are given to meet other business expenses. For instance the employees are advanced when they go to a site where the business is of Interior Decorations & Renovations. Expenses like site expense in the above case are met by the advances given to the employees. Can any remanent of such advances be adjusted with salary payable to a employee....
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