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Credit of Excise duty

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(Querist)
12 August 2010 Respected Sirs,
If a company is incurring expenditure for another company and later on it is recovering from another company then whether company who is incurring the expenditure can claim the credit?

e.g. X company is incurring the expense on behalf of Y company and later on Y company is reimbursing it to X company. Whether X company can claim credit?
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CA. BIJENDER KR. BANSAL

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CA. BIJENDER KR. BANSAL (Expert)
12 August 2010 Yes, X Comapny can claim credit because if X company is incurring expenses i.e bill in name of X co.
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Parth Vakil

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Parth Vakil (Querist)
18 August 2010 Thanx sir.
But if they are not then can they claim credit.
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CA. BIJENDER KR. BANSAL

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CA. BIJENDER KR. BANSAL (Expert)
18 August 2010 Please ellobrate your question "

what they are not ?
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