Suppose,I am a Director of a Pvt Ltd Company.
Apart from my Remunerations, I claim all my expenses ,for example Telephone,Electricity,Water Bills Expenses,etc which is related to my Personal Expenses.
I m getting a claim of all my Expenses i.e Company bares all my Expenses.
Is there any Provisions which i am Abiding From Income Tax Act,1961?
If yes,than What and If i am within the Act,then what are the Limitations?
Pleases mention the same?
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