Director of a Pvt. Ltd. Company is using his personal credit card for the company purpose to the extent of 95% please suggest if he can claim Credit Card charges and Service Tax in companies books? And in such a case the benefits earned on the card say rewards also to be accounted in companies books or what?
Use of personal credit card for the company purpose
Abhishek Ranka (Accounts and Tax Manager) (62 Points)
30 July 2016
CAclubindia
