Meeting expenses
This query is : Resolved
20 June 2014
as per revised sheduel 6 to whic account meeting expenses must be debited
20 June 2014
Hi Mastan vali
See as per revised schedule, under the head indirect expenses, line item other expenses under Indirect expenses some expenses must disclose seprately like
1) Power & fuel
2) Rent
3) Repair & maintenance....9th
10)Miscellaneous expenditure
It is also mentioned that if any expenditure other than above is exceeding the limit
1,00,000 or
1% of revenue
whichever is higher
then show it separtely otherwise
you can take the same under miscellaneous expnediture i.e., point no.10.
Regards
Pradeep Kumar
See as per revised schedule, under the head indirect expenses, line item other expenses under Indirect expenses some expenses must disclose seprately like
1) Power & fuel
2) Rent
3) Repair & maintenance....9th
10)Miscellaneous expenditure
It is also mentioned that if any expenditure other than above is exceeding the limit
1,00,000 or
1% of revenue
whichever is higher
then show it separtely otherwise
you can take the same under miscellaneous expnediture i.e., point no.10.
Regards
Pradeep Kumar
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Gst registered proprietorship firm
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Price inclusive or exclusive of GST while made entry in P& L Account
- Applicability of GST on Salary Reimbursement Component
- Minimum tax payable to file Updated return
- Dep. as per companies act
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- Renovation exp. in flat by family member
- Change Of Karta In Case of Death
- New GST registration for new place of business.
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
Quick Links
ARTICLESHIP
30 September 2026
CA Article Assistant
CA Suraj Garg & Associates
New Delhi
CA Final
View Details
Featured
12 September 2026
Assistant Manager - Finance & Compliance
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
ARTICLESHIP
07 September 2026
Article/ Paid Assistant
Murali and Sumeet Chartered Accountant
Bengaluru
CA Foundation
View Details
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared
Getmyca Consultant Pvt Ltd
New Delhi
CA Inter
View Details
CCI
Pro
CAclubindia
