Audit expenses
This query is : Resolved
vaibhav s kangokar
(Querist)
30 July 2014
food expenses incurred for statutory auditors , under which head this expense shall be booked? any separate disclosure is required? can it be booked under the head of staff welfare account?
Vishnu Saboo
(Expert)
30 July 2014
these are audit expenses.
a detail namely "out of pocket expenses" to be prepare for such expenses.
a detail namely "out of pocket expenses" to be prepare for such expenses.
Message likes :
1 times
vaibhav s kangokar
(Querist)
31 July 2014
when the food expenses are paid by the company then where shall be the expenses showed? If the company is showing the auditors food expenses in staff welfare account, is it right way of accounting?
Vishnu Saboo
(Expert)
31 July 2014
if this is specifically incurred for auditors food, showing it in staff welfare is not correct.
Message likes :
1 times
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
- Depreciation Chart Companies Act
- EPF ECR NEW FILE SEP 17TH 2026
- Capital Gail Exemption Certificate
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- GST on Renting godown to KFCSC for Storage of Raagi
- Under marginal scheme
- TDS on Fixed Assets purchased
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- Capitalgain tax purposes for valuation report compulsory
- Oct 2025 Invoices
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
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
