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Treatment of expendiutre in income-tax & companies act

This query is : Resolved 
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(Querist)
23 September 2012 A private limited company purchased Two high breed dogs for an amount of Rs.1.60 lakhs.The daily feed and veterinary expenses are debited to P&L A/c as Office Expenses.The cost of Dogs is debited to P&L A/c as " Watch and Ward". The main object of the Company is Manufacturing of Goods. Pl. advise the correct treatment of these expenses.The management says it is for the security of the Factory.
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CA. Sunil Kumar

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CA. Sunil Kumar (Expert)
23 September 2012 The treatment of Company is absolutely right.
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CA Durga Prasad Sigatapu

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CA Durga Prasad Sigatapu (Expert)
23 September 2012 Yes it is right, if there is no wrong intention.
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