Directors allowable expense

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CA Manali Maniar (Querist)
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31 January 2017 Director of Private Limited Company occurred Travelling Expenses(car hiring expense) and Hotel Expense(Accommodation Charges) within India with UK client with CFO and other employees.
Is this both Expenses be allowed as Business Expense?
If Hotel and Car Bill is in the name of Director then also both expense allowed?

Sandeep Dharar

Sandeep Dharar (Expert)
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31 January 2017 U can allow it as a sales promotion expenses.

CA Manali Maniar

CA Manali Maniar (Querist)
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31 January 2017 Even if All expense are in the name of Director and not in the name of company?

Sandeep Dharar

Sandeep Dharar (Expert)
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31 January 2017 There is no option left behind instead of doing this. This is general practice in Pvt Ltd. Companies, and u have to agree with management decision.

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CA Manali Maniar

CA Manali Maniar (Querist)
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31 January 2017 Alright.
Thank you so much

Sandeep Dharar

Sandeep Dharar (Expert)
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31 January 2017 U r welcome. If u like my reply then u can show ur appreciation by hitting the like button.

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