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Personal nature exp

Sandeep Jain (Pivate) (1412 Points)

24 August 2022

Dear Sir,

What is personal nature expense

please suggest with examples

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3 Replies

sabyasachi mukherjee (27119 Points)
Replied 25 August 2022

Personal nature e penses must not be charged to revenue account.

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Shruti (Student ) (586 Points)
Replied 25 August 2022

Personal expenses means any expense that is not done for business purpose.
For example - Director of the co.buying car for personal use, marriage expenses etc .

2 Like

Sandeep Jain (Pivate) (1412 Points)
Replied 25 August 2022

Thank you Shruti Mem,

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