If the expenditure billed in the name of the directors the company can claim it as a expenses ?
Amrit Singh
(Killer Stud[ent])
(751 Points)
Replied 25 June 2016
As per my Understanding, Company can claim such expenses only if it is approved by the Articles or Resolution. Not In any other Cases.
CA Harshal Totla
(Chartered Accountant)
(2229 Points)
Replied 26 June 2016
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