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telephone charges

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(Querist)
30 July 2009 if pvt. Ltd.company change his name but in telephone bill company name not change. in this situation if company pay telephone charges what is accounting treatment.
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Shyam Lal Naik

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Shyam Lal Naik (Expert)
30 July 2009 Its merely a procedural issue. It does not affect any accounting entries/treatment.
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taxindiaconnect

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taxindiaconnect (Expert)
30 July 2009 Shyam is right in his reply. This also does not affect the tax deductibility.
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