sec 269 ss

Tax queries 750 views 1 replies

Whether the out of pocket expenses incurred by  directors on behalf of Company  and then adjusted through journal entry attreact Sec 269 SS

thanks & Regards,

Ramesh Kr Verma

 

Replies (1)

269SS IS ALL ABOUT ACCEPTING DEPOSITS OTHER THAN A A/C PAYEE CHEQUE OR DRAFT

 

AS YOUR CASE IS ABOUT REIMBUSRSMENT OF EXPENSES HENCE THIS WILLNOT ATTRACT 269SS

BUT YOU SHOULD GIVE A NOTE ABT THIS IN YOUR 3CD (AUDIT REPORT) FORM


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