Whether an expenditure paid by director for a consultant who accompanied him on a business trip allowable as business expense? Give relevant case laws.
Menu
Reimbursement of expenses
Replies (4)
Why it would be Disallowed
Yes it is, provided that the consultancy is obtained for the company.
Agree with CA Rohit Jain... Sec 37 is relevant section....
Sec 37 of Income Tax Act
Recent Threads
- How to split freelance project income with a frien
- 194a for A y 2024-25
- Compensation & Benefits
- SAC code and GST rate transport services for anima
- Section 44AB is Gone — How Different is Tax
- Capital Gains from Cancelled Residential Project
- Import of goods data in IMS
- GSTr 9 24-25
- Change HSN
- TDS ISSUE ( DIFFERENT SECTION )
Related Threads
CAclubindia
