exp. allowed???
This query is : Resolved
18 April 2009
new trend of purchasing iconic series phone no...( 942800000,9428155555 etc....) has begun ....
& noe i think it's legal also ... as bsnl always sending maseege for such no.s online selling , & people r taking it worth in thousnds ( also for vehicle series no. )
suppose such expenditure is 50000
my question is that wether such exp. is allowed ????
for 1 ) prop.
2) company
purpose of such exp. is solely of human tendency to take similar no. as of preceeding or to satisfy himself ..... it can be say like ..james bond on seeing 007
& noe i think it's legal also ... as bsnl always sending maseege for such no.s online selling , & people r taking it worth in thousnds ( also for vehicle series no. )
suppose such expenditure is 50000
my question is that wether such exp. is allowed ????
for 1 ) prop.
2) company
purpose of such exp. is solely of human tendency to take similar no. as of preceeding or to satisfy himself ..... it can be say like ..james bond on seeing 007
18 April 2009
IF you have proper bill for the expenses made then the expenses is allowed. Applicable for Prop and company also.
18 April 2009
For prop i think it will be treated as his personal expenses becuase it in any way does not relates to the business exoenses and for the company it will be like a perquisite to his employee or one can say luxury offered by the employer.
18 April 2009
Answered
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Unanswered Queries
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Where to show the RCM on Rent paid to unregistered landlord
- Is Aadhar PAN linking required for opening bank account?
- Gst Sales of FY 2023-24
- RCM - commercial rent paid to URP under GST
- SEC 54 OF IT ACT
- Payable outstanding for years disallowance
- Legal heir raised refund , but refund issued to the closed account of deceased.
- Whether still royalty
- TDS NUMBER SURRENDER
- Need help with business structure for setting up a new business
- TDS applicability on Service through ECO
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
