The company is paying travlling expenses for directors who is having substantial interest in compamy. in that is the case, is that expenses to be added with their personal income??
Arokkia Joseph Vincent (Servcie) (36 Points)
09 April 2008The company is paying travlling expenses for directors who is having substantial interest in compamy. in that is the case, is that expenses to be added with their personal income??
CA Anand Bhardwaj
(Employment)
(31 Points)
Replied 11 April 2008
No, Only personal travelling expenses, if reimbursed, shall be added to the income of the Director.
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