URGENT ON PERSONAL EXP.

Hi NAVITA As per Sec 40A(2),,, Payments made to specified persons TO THE EXTENT UNREASONABLE only disallowed... not the entire amount,,,,,,,,, In the case of a PVT COMP ,If the Articles of Associations provides , a company can reimburse the personal expenses of a director...such reimbursement is not disallowed if it as per AOA.

Yes, You are right Mr. Narendranath.