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Electricity exp.

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(Querist)
20 September 2014 Dear Experts,

A prop. concern (factory on rent) is paying electricity bills, which is in the name landlord. Can the same be booked in books?

Please advise.
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CA Syed Raza Abbas Rizvi

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CA Syed Raza Abbas Rizvi (Expert)
20 September 2014 Yes you may book this expense
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Soumitra Basu

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Soumitra Basu (Expert)
22 September 2014 It is better you show this expenses as re-imbursement of expenses unless there is any condition in the tenancy agreement.
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