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.

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.

22 February 2023 biz trips are claimable for all directors any limit on same

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

22 February 2023 Also can we buy medical policy for employees and directors

22 February 2023 Yes group insurance allowed


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