accounting treatment
Sai Reddy (4 Points)
04 January 2018is it travelling charges?
CA Amrita Chattopadhyay
(Audit & Assurance)
(13459 Points)
Replied 25 January 2018
Depends for what purpose the taxi is used. If it is for the pick and drop of students and amount is collected, the same has to be shown as separate head. If it is for the staff of the school. It has to be shown in Staff Welfare.If it is used for travel to visit to various authorities, it can be shown in travelling expenses.
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