minor shareholder in a p. ltd co.

abid (accountant) (169 Points)

13 February 2008  

hi,


If in a pvt. ltd. co.a minor whose parent are directors in the same co.and held atleast above 40% shares ,hold sahare e.g. 10% and and make a tour with his parent to another state for business purposes.


whether the expenses incurred for his tour will be allowed as expenses.


Thanks & Regards


Abid Hussain