Misc or bribe expenses
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 September 2010
Hi
Our manufacturing plant is under construction. For getting all registrations and all statutory clearances we are spending thousands of money as a bribe.
My query is how we can account this type expenditure with out any further problems from IT side.
Our manufacturing plant is under construction. For getting all registrations and all statutory clearances we are spending thousands of money as a bribe.
My query is how we can account this type expenditure with out any further problems from IT side.
02 September 2010
nOT ALLOWED AT ALL,
IT IS BETTER TO BOOK THESE EXPENSE ANY OTHER MODE LIKE TAKING FAKE BILL OF OTHER EXPENSE.
IT IS BETTER TO BOOK THESE EXPENSE ANY OTHER MODE LIKE TAKING FAKE BILL OF OTHER EXPENSE.
02 September 2010
to give and take bribe is a criminal offence. if proved the involved person may be sent for imprisonment.
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