Legal exp entry
This query is : Resolved
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16 October 2020
Hello Sir
I have received a legal exp bill for rs.40000/ from advocate under which legal fees is 30000/ and misc exp is 10000/. What will be the entry in tally.
Pl advise.
Regards
I have received a legal exp bill for rs.40000/ from advocate under which legal fees is 30000/ and misc exp is 10000/. What will be the entry in tally.
Pl advise.
Regards
16 October 2020
Treat entire expenses as legal expenses.
17 October 2020
Sir
It is paid from company account and TDs is applicable if I do full entry in legal exp. Pl advise now.
It is paid from company account and TDs is applicable if I do full entry in legal exp. Pl advise now.
17 October 2020
Yes, TDS applicable on full amount. Only actual reimbursement of expenses incurred on behalf of you allowed.
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