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Travel ticket

This query is : Resolved 
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(Querist)
31 March 2022 air ticket booked on 19.03.22, travel dt. is 19.04.22
air ticket bill received on 20.03.22

whether booked as prepaid exp or normal exp.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
31 March 2022 Book it as normal expenditure.
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Vipul Acharya

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Vipul Acharya (Expert)
02 April 2022 why normal expenditure, benefits we will get in future only
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
02 April 2022 Yes, it can be taken as prepaid expenses as benefits accrue next year.
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