Expense which can claimed in Pvt ltd


This query is : Resolved 

Quick Summary
Directors of private limited companies can claim various expenses, which are typically considered part of their remuneration. This includes costs for business trips and medical policies for employees and directors. While specific limits aren't detailed, business-related expenses like attire for meetings are generally claimable. Family holidays are not typically deductible.

(Querist)
22 February 2023 I just like to know what kind of expenses director of private limited claim from company
Can he claim his medical expenses
Can he claim his clothes expenses for biz meetings
Is family holiday can be claimed once in year

If yes please let me know limits n section

22 February 2023 Only remuneration can be claimed.
All such expenses can be included under remuneration.

Gaurav Gupta (Querist)
22 February 2023 biz trips are claimable for all directors any limit on same

22 February 2023 No limit....
...
...

Gaurav Gupta (Querist)
22 February 2023 Also can we buy medical policy for employees and directors

22 February 2023 Yes group insurance allowed


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 29 October 2026
Article Assistant (CA Inter / CMA Inter) - Thrissur

Varma Raja & Associates

Thrissur

CA Inter

View Details
Company
ARTICLESHIP 25 October 2026
Article Intern (CA Articleship)

Arpan Bohra & Co

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 22 October 2026
Articleship intern

Srinath Manikanta

Hyderabad

CA Inter

View Details
Company
30 October 2026
Asst Manager Accounts

Goodwin Pumps India Pvt Ltd

Chengalpattu

CA Inter

View Details
Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details