cash payment

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13 November 2008 one of out senior staff went to Kolkata for interview for Germany tour for inspection of one machine

please tell me in which a/c head it take

ramesh

13 November 2008 not able to understand, please elaborate

13 November 2008 It can be taken in Training Expenses...

Waise it should hit profit/loss account & should be related to employees


13 November 2008 THe question lacks clarity.

13 November 2008 It is a business promotion expenses and treat as expenses under Profit & Loss account

17 November 2008 Foreign Travel expenses come under FBT @ 5%



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