Allowability
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 October 2010
A pvt comapny has given guest house to its director .can guest house expenditure (like Rent,maintainance exp, kitchen expenses) will be allowed as an expenditure as per IT act /Company act?
What is the tax implication on director
Pls clarify
Regards
Madhuraj
What is the tax implication on director
Pls clarify
Regards
Madhuraj
26 October 2010
If he is staying for busniss purpose , then it will be allowable u/s 37(1).
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 October 2010
Thanks.
if he is staying with his family then what is the implication and also what is Tax implication on director
if he is staying with his family then what is the implication and also what is Tax implication on director
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Treatment of Pension ?annuity returns on PMVY
- TAN for Partnership
- Soyabean hsn code and gst rate
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- Free lancer income
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- TDS related Query_Liquidated Damages
- What is provisional receipt number for generation of form 16A
- Showing Gift from relative in ITR for this year
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
