Office expenses etc

369 views 5 replies

Hi.,

I am paying office expenses per month for tea cold drinks etc around Rs.7000/- , the service is provided by local tea vendor unregistered, as per daily expemption limit of rs. 5000/- i think, i need not pay anything on above expenses.  Is it correct.

 

nair

Replies (5)
yes,but u have to consider rest of the expenses also per daily basis
Try to break these expenses over the month may be weekly so that you can decrease your tax compliance.
If you pay a single bill of 7000 on one day then you will come under RCM.

Yes, this was my doubt, to avoid tax liability I have to make fortnightly (50% base)payment ! that's ok.Tks

 

You just account it's daily basis. Then it's not under RCM if your URD purchases/expenses in one day ceiling limit....


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details