Dear All
I have confusion regarding the following matter
1. In a Pvt Ltd co there are 3 Directors (being authorised signatory).. All are paid advance cash in each month against that months expenses of Travelling and Car and each Director authorises the advance payment by himself.
Whether this will do ??? or the other Director will have to approve the same ??
2. On payment of Advance Cash to Director .. whether Affixing of Revenue is required ??
3. Whther an Individual not having any business can rasie Bill instead of Debit Note to charge Commission from the Company ??
CAclubindia
