Easy Office
LCI Learning

Help required

This query is : Resolved 

23 October 2010 Hello Experts
I am sanjay speaking. I am an accountant in pvt ltd co. My point is that: The director of the Co has paid a credit Card payment of his own from Co's Account. The expenses done by him for the purpose of Co's Entertainment. Kindly advise whether the co can make payment or not. If yes, then what will be treated.
it is urgent.
thanks & regards
sanjay

23 October 2010 YES, DIRECTOR CAN MAKE THE PAYMENT ON THE BEHALF OF COMPANY FORM HIS OWN ACCOUNT OR CREDIT CARD

23 October 2010 Agreed no restrictions under income tax


24 October 2010 agreed with navin



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query