Shah Devang S. (Accountant) (98 Points)
27 September 2016MY QUESTION IS REALATED TO PVT. LTD. CO, CAN COMPANY GIVEN SOME BENEFITES TO EMPLOYEE LIKES GIVEN SOME RISE, WHEAT OR OTHER FOOD RELATED ITEM
CAN ALLOWED IN COMPANY EXPENDITURE IN ACCOUNT AND GET INCOME TAX BEFITS PURCHASE VOUCHER BILL ARE MENTION WITH COMPANY NAME AND PAYMENT THORUGHT BANK
NOTE :- COMPANY MAIN BUSSINES MFG. OF MEDICINE
DEVANG SHAH
CA Raj Doshi
(Practising CA)
(8935 Points)
Replied 27 September 2016
Mukesh Kumar
(Accounts Manager)
(1466 Points)
Replied 28 September 2016
GOODS EXPLAIN BY RAJ SIR
YOU CAN ALSO CLAIM AS FOOD EXPENSES (INDIRECT EXPENSES)
BUT TAKE CARE AMOUNT SHOULD NOT HEIGH
Shah Devang S.
(Accountant)
(98 Points)
Replied 28 September 2016
Thx for your good explain & reply Mr. Raj Doshi & Mr. Mukesh Saini
Devang Shah
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961
CAclubindia
