foreign trip

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

25 May 2010 If an employer is sending some eligible employees and its family members for foreign tour then whether the expenditure incurred towards the family will be allowed as an deductible expenses in the hands of the employer?

Whether any amount will be traeted as perquities in the hands of the employee.

Thanks

CA Shiv

CA Shiv (Expert)
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25 May 2010 yes it will be treated as perqs in the hands of the employee and taxed will be paid by the eomployee...
Ask the company to book accounting entry in name of the employee only....

Querist : Anonymous

Querist : Anonymous (Querist)

26 May 2010 Other views from expert plz, i believe the answer is not complete and clear

CA BIREN SHAH

CA BIREN SHAH (Expert)
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26 May 2010 exp. of family members will not be allowed.
exp. of emplyoee will be concider as LTC in the hands of employee.

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