Mobile
This query is : Resolved
22 March 2012
HI,
CAN THE MOBILE BILL IN THE NAME OF DIRECTOR WHO USES IT FOR THE BUSINESS PURPOSE BE INCLUDED IN THE EXPENSES OF HIS PVT. LTD. COMPANY?
ELABORATE IF ANY PROCESS OF AGREEMENT IS INVOLVED?
CAN THE MOBILE BILL IN THE NAME OF DIRECTOR WHO USES IT FOR THE BUSINESS PURPOSE BE INCLUDED IN THE EXPENSES OF HIS PVT. LTD. COMPANY?
ELABORATE IF ANY PROCESS OF AGREEMENT IS INVOLVED?
23 March 2012
Yes on the basis of business expediency and exigencies it can be and it is very common however it is advisable to claim only certain % as a expenditure rest should be treated as personal expenses as phone he may use for personal purpose also
23 March 2012
There should be some resolution for providing the mobile phone as well as connection to the director and it should contain that the mobile provided to the director is for the business purpose all mobile expenses shall be the expenses of the company. In this manner all expenses of the mobile can be claimed by the company as business expenses.
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