Atharv Sankliya (1323 Points)
25 December 2021
yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 26 December 2021
That depends again. If shareholders agree using car & holiday as hospitality from company end, it can be treated as expense to company.
If no such provision exists, it is an expense.
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