Rent payment to directors
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 July 2013
hello,
I have a one query relating to rent payment made to director but in the salary of director not considered as perquisite, whether the amount paid by company to director is allowable expenditure to company or not. Explain the same with specify the section also.
Thanking sir,
Regards,
Rajasekhar
I have a one query relating to rent payment made to director but in the salary of director not considered as perquisite, whether the amount paid by company to director is allowable expenditure to company or not. Explain the same with specify the section also.
Thanking sir,
Regards,
Rajasekhar
CMA Ramesh Krishnan
(Expert)
11 July 2013
Even you are not deducted the TDS u/s.192, the expenses will be allowed, how ever penalty will attract for non deduction of TDS
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
- Query on effect of registration of property
- GST on reimbursement of expenses
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Visiting card purchase
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Number of years as per AS amortisation of Goodwill
- Wrong CMPo8 file
- Whether output tax is taken credit by purchaser
- Additional trade name
- Equity Share Sale and Purchase
- Classification of income of P Ltd company as business or profession
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
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
CAclubindia
