Bill of Expenses
This query is : Resolved
20 July 2010
PLEASE TELL ME IF A COMPANY GIVES IMPREST TO ANY DIRECTOR OR CEO FOR VARIOUS EXPENSES FOR EXAMPLE GIFTS PURCHASED FOR BUSINESS PROMOTION,OR ANY OTHER SIMILAR EXPENSES INCURRED THEN:
SHOULD THE BILL BE IN THE NAME OF DIRECTOR OR COMPANY.
I THINK IN THE NAME OF COMPANY.
IF THEY ARE IN THE NAME OF DIRECTORS DUE TO IMPREST THEN WHAT CAN BE DONE TO ALLOW THEM.
SHOULD THE BILL BE IN THE NAME OF DIRECTOR OR COMPANY.
I THINK IN THE NAME OF COMPANY.
IF THEY ARE IN THE NAME OF DIRECTORS DUE TO IMPREST THEN WHAT CAN BE DONE TO ALLOW THEM.
20 July 2010
Bill should be in name of Comapny.
If bills are in the name of director, then AO can disallow the expenses.
If bills are in the name of director, then AO can disallow the expenses.
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