Ours is a Pvt Ltc Co.,
Can we claim Education Loan given to employees as Business Exp or
can we shown as Donation to Employees for education purpose
pls with any case laws
Menu
Education Loan To Employees
Replies (1)
Mr. Purushotham Naidu
You are speaking of loans given to your employees for pursuing education. Loan means which is repayable. How can you claim the laon as an expenditure. Loan given to your employees as explained by you is a current asset.
Best Wishes
Sathikonda
Recent Topic
- Can i should STCG and LTCG as business income ?
- Capital contribution in Firm
- Form 3CD – Clause 20(b) | ESI Contribution &
- Capital Gains on Dissolution of Partnership
- GST Payment through DRC-03 by cash against notice
- Schedule EI for ITR1
- INCOME TAX DEPARTMENT: DOUBLE STANDARDS
- ITR-4,under presumptive Taxation
- TDS data mismatch with SFT
- Resale of under construction Residential Flat part
Related Topics
CAclubindia
