medical expenses of partner
This query is : Resolved
21 November 2016
medical expenses incurred towards the treatment of partner amounting to Rs 5 lakh out of which insurance claim received is 3 lakhs.
can we claim 2 lakhs as allowable expenditure in partnership firm ?
or else this need to be treated as personal expenditure ?
21 November 2016
Amount incurred for Hospital Expenses of Partner to be considered as Drawing .
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