personal expenses of diectors of pvt. ltd. co.


This query is : Resolved 

(Querist)
01 December 2009 Good Mrng everybody,

I want to know whether household expenses of directors of pvt. ltd co. can be shown in the books of the company?
If yes, whether these will be tax deductible or not.
Household expenses like electricity bills, travelling exps, water bills, telephone blls etc.

Please ans.

01 December 2009 It can be shown in the books of the company but it will not be allowable as an expenses


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