Dear all,
Can anybody tell me that a director of company can use the debit card of company's current account for their personal expenses. it is valid or invalid.
Thanks
Sunil
Sunil Kumar Shrivas (Job) (232 Points)
19 August 2010Dear all,
Can anybody tell me that a director of company can use the debit card of company's current account for their personal expenses. it is valid or invalid.
Thanks
Sunil
vinayak Parkar
(Accounts exe)
(92 Points)
Replied 19 August 2010
Originally posted by : Sunil | ||
Dear all, Can anybody tell me that a director of company can use the debit card of company's current account for their personal expenses. it is valid or invalid. Thanks Sunil |
he can if the expenses are reimbursements or are allowed under salary