List of valid expenses for directors

Is there any list of expenses which a Director is entitled to,  which can be put as company expense?

I am the Director of the company and I will be travelling with my wife and kid to other city by airplane. Can I put that expense as company expense?

Please let me know. 

Replies (1)

Only the expenses that are incurred wholly & exclusively for the purpose of carrying on the business of the company are allowed to be expended by the director.  The director of the company has to incur the personal expenses from teh remuneration paid by the company to the director.

However as stated by you if the airline expenses is related to teh business of the company then that can be shown as an legitimate expense of teh bsuiness.  However other personal expenses incurred by teh company on behalf of the director such as medical expenses, rent free accomodation, provision of car etc... can be considered as legitimate busniess expense.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
13 August 2026
Chartered Accountant (FP&A)

Client of Trellis Consulting

Gurgaon

CA

View Details
Company
28 August 2026
Audit Manager

K A R M & CO

Mumbai

CMA

View Details
Company
ARTICLESHIP 29 August 2026
Article Assistant

RRPM & ASSOCIATES LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details
Company
19 August 2026
Chartered Accountant - Financial Consolidation & Reporting

Synergy Keystone

Mumbai

CA

View Details
Company
14 August 2026
Semi Qualified

Goyanka & Associates

New Delhi

CA Inter

View Details