Petty cash

124 views 2 replies
Petty cash of Rs.11000 was given to employee as cash cor travelling expenses and he was used tgat for 5 days for various expenses is it disallowed as expense
Replies (2)

SECTION 37(1): allowable if it expensed for company purpose, disallowed if it is related personal expenditure.

SECTION 37(1): allowable if it is expensed for company purpose, disallowed if it is related personal expenditure.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register