Directors report
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 July 2014
Is it necessary to mention foreign travelling expenses in Director,s Report?
In the Section of Foreign outgo and expenditure?
In the Section of Foreign outgo and expenditure?
Ankur Garg
(Expert)
24 July 2014
You have not mentioned nature and purpose of foreign travelling expenses incurred.
Foreign exchange earnings and outgo is required to be disclosed in Directors Report. I am sure foreign travelling expenses must be for the business of the company. Hence such expenses should be reported in the Directors Report.
Above question does not arise regarding personal foreign travelling expenses of directors and other officials of the company.
Thanks
Foreign exchange earnings and outgo is required to be disclosed in Directors Report. I am sure foreign travelling expenses must be for the business of the company. Hence such expenses should be reported in the Directors Report.
Above question does not arise regarding personal foreign travelling expenses of directors and other officials of the company.
Thanks
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