Expense
This query is : Resolved
23 August 2011
Dear Sir/Madam,
We Accountants often visit various statutory Departments for various Statutory Jobs. Accordingly we do spend some amount of money over there for getting various jobs done.In which best suitable account head these expenses may be booked-can any one please tell me.
Thanks & Regards,
We Accountants often visit various statutory Departments for various Statutory Jobs. Accordingly we do spend some amount of money over there for getting various jobs done.In which best suitable account head these expenses may be booked-can any one please tell me.
Thanks & Regards,
24 August 2011
General office exp.
or
misc exp.
or
misc exp.
24 August 2011
Mr.Dipen sen, This is a good question but giving of such money is a crime under other laws though u ask for a solution in accounting treatment. Any how it will be disallowed under income tax act... Please avoid giving amounts like this. If the records are correct, they wont ask any money like that.
24 August 2011
Both the experts are correct
25 August 2011
both the experts are correct.....agreed but giving money for work to be done is a crime and give rise to curruption.....
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
Similar Resolved Queries
Unanswered Queries
- Reopen of assessment proceeding
- Is any professional CA is here please reply
- Foreign lottery ticket bought online from India: legality, tax and consequences
- EPF FULL & FINAL RULES IN 2026
- Rental income gst and it purpose
- Putting a heading on received mail
- Reprocessing of rectification order AY 2025-26
- FTS Taxable under 115A
- Experts need help
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
