Travel ticket
This query is : Resolved
Quick Summary
Rajkumar Gutti
(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.
air ticket bill received on 20.03.22
whether booked as prepaid exp or normal exp.
CA R SEETHARAMAN
(Expert)
31 March 2022
Book it as normal expenditure.
Vipul Acharya
(Expert)
02 April 2022
why normal expenditure, benefits we will get in future only
CA R SEETHARAMAN
(Expert)
02 April 2022
Yes, it can be taken as prepaid expenses as benefits accrue next year.
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