Expense Reimbursement
This query is : Resolved
28 February 2023
A employee is submitting the expense reimbursement but in that he is not submitting the bills he is just submitting the screenshot of payments he has done , so can we accept this and if we can't accept this then please help me in which clause it is written that it is not acceptable.
28 February 2023
We can't accept this as proof for expenses incurred is required.
Any reimbursement is against proof of expenses incurred. Auditor can't accept such reimbursements.
In case of small amounts paid to those who don't issue bill it can be accepted with screen shot.
Any reimbursement is against proof of expenses incurred. Auditor can't accept such reimbursements.
In case of small amounts paid to those who don't issue bill it can be accepted with screen shot.
28 February 2023
As per the income tax and companies act there is any rule of this of needed bills for reimbursement purposes .
28 February 2023
In case of small amounts paid to those who don't issue bill it can be accepted with screen shot, otherwise bills are required as per companies act and income tax act.
28 February 2023
sir as per companies act and income tax act can u please help me out the clause where it is written we need the bill of large expenses, i want to share with someone .
28 February 2023
https://taxguru.in/income-tax/maintenance-books-accounts-notified-persons.html
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
- Tax on Deemed Capital Gain
- Regarding ITR filing with more value than showing in AIS/TIS
- F & O PROFIT REPORTING FOR AY 2026-27
- Type of Capital Gain
- Exiting partner in partnership firm in gst portal
- TDS _Long term Capital Gain ref.sec 214 Table 2
- Grand in aid
- TAX AUDIT QUESTION
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- GST ON TRAVELLING BILLS
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- TDS offline utility
- TDS on rent received on hardship compensation being rent on redevelopment of building
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
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
