Can a firm claim deductions for expenses incurred by employees?

Richa vaidya (Partner) (56 Points)

03 September 2018  

Hi, 

For a firm which has employees on its books, it there any provision to claim deductions for expenses incurred by employees during course of business, for invoices that are in the name of its employees? 

The expenses are incurred by employees as travel cost, tickets, meetings, etc... but paid by the firm, 

Please suggest if any such provision is available and under what section

 

Thanking you.