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Deduction of expenses by voucher

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Querist : Anonymous

Querist : Anonymous (Querist)

12 January 2016 Dear Experts,
I usually given some money to employee for petrol of delivery vehicle but my employee does not provide petrol slip to me plzz clarify should i make voucher signed by employee who had received money for petrol, weather AO will accept this voucher for deduction or not if not what to do to avail deduction...

Regard
Ram Prasad

CS Advocate Abhishek Goyal

CS Advocate Abhishek Goyal (Expert)
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14 January 2016 Usually in assessment proceedings the AO does not accept self made vouchers for deduction of expenses. It would be better to ask the employee to provide petrol slip to you because the AO can also justify the disallowance by saying that at petrol pump the vendor does not refuse to provide petrol bills. For expenditure already incurred for which you does not have petrol slip you can prepare vouchers signed by employee and than if addition is made you can challenge it in appeal.

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