Income tax
Ankur Joshi (Accounts Manager) (136 Points)
27 August 2016
Please tell me if expenses are paid by corporate credit card which are claimable from company.
2 Replies
Jayesh Vyankatrao Pawar
(Accounting & Taxation)
(51 Points)
Replied 27 August 2016
Dear Friend,
It is not matter paid by Cheque and Credit Card of Company it should be expense of company and it should not be disallowed us u/s 40a and 40b
Jayesh Vyankatrao Pawar
(Accounting & Taxation)
(51 Points)
Replied 27 August 2016
Dear Friend, It is not matter paid by Cheque and Credit Card of Company it should be expense of company and it should not be disallowed us u/s 40a and 40b
Read more at: /forum/income-tax-370059.asp
Read more at: /forum/income-tax-370059.asp
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