Director's infant son's visa expenses

not at all. its a personal expenses......

plz also tell me regarding taxability in hands of directtor !!!

Hi Preeti,

As you already know that it is a persoanl expenditure and therefore personal expendiure are not allowed under section 37(1) [numuorus case laws are available on it].

This will form part of Perquisite of Directors [Owen v. Pook (1969) 74 ITR 147 (HL)]. Personal benifits are treated as perquisites.

Hope i m clear now

Happy to help

Regards

Originally posted by : PRITAM JAIN
	Hi Preeti, As you already know that it is a persoanl expenditure and therefore personal expendiure are not allowed under section 37(1) [numuorus case laws are available on it]. This will form part of Perquisite of Directors [Owen v. Pook (1969) 74 ITR 147 (HL)]. Personal benifits are treated as perquisites. Hope i m clear now Happy to help Regards

 Yeah thanks !! "perquisite" was the word for my exact question..thanks sir