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Medical expenses of director

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 April 2016 Treatment of medical expenses incurred by a Director of Company, amounting to Rs.10 lakhs, whether to be treated as Personal expenses or can be borne by the Company?
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CA MANISH SAXENA

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CA MANISH SAXENA (Expert)
30 April 2016 Can not be borne by company.
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KAVIRAJA ADDANGADI

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KAVIRAJA ADDANGADI (Expert)
30 April 2016 Medical expenses should be treated as personal expenses, company cannot be borne personal expenses. Of director.
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