Hello frnds,AN EMPLOYEE GOES TO AN OFFICIAL TOUR IN ANOTHER CITY AND HIRED A TAXI THERE ON THE NAME OF HIS COMPANY AND REIMBURSED THIS AMOUNT FROM COMPANY.
COMPANY SHOULD REVERSE SERVICE TAX ON SUCH "TAXI HIRING" OR NOT ? & CAN IT TAKE CREDIT OF SUCH AMOUNT ?
SUGGEST ME , THANKS
CAclubindia
