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
Goodwin Pumps India Pvt Ltd
Chengalpattu
CA Inter
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Abic and Mani Chartered Accountants
Kottayam
B.Com
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