Deduction of expenses by voucher

This query is : Resolved

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)
Follow

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.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

SHYAM SUNDER GULATI

Shubham Jain

Aakash Kumar

Tia Blair

yadagiri

Subscribe Now

Deduction of expenses by voucher

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANT

Accountant

Article Assistant

GST CONSULTANCY

CA Final

Manager- Finance and Compliance