Revenue expenses

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Dhavnish (Querist)
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20 April 2013 Under what head should the expenses reimbursed to professionals providing service to the company be classified. For example, if a professional incurs some expenses to travel and then he claims separate reimbursement, how is that to be classified - as travelling expense of the company or should it be classified as professional fees/remuneration to professional?

Vivek Hebbar

Vivek Hebbar (Expert)
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23 April 2013 The travel expenses incurred by the professional and then reimbursed by the company has to be treated as payment to the professional.

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