https://www.taxtmi.com/forum/issue?id=1027 Directors' Travelling Expenses must be reasonable and related to business activity; neither the Companies Act nor the Income Tax Act permits personal expenses to be booked as such, and accounting standards should be consulted, though distinguishing personal from official travel can be factually difficult. en-us Wed, 18 Feb 2009 17:50:52 +0530 Thu, 23 Jan 2025 15:58:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1027 Directors' Travelling Expenses must be reasonable and related to business activity; neither the Companies Act nor the Income Tax Act permits personal expenses to be booked as such, and accounting standards should be consulted, though distinguishing personal from official travel can be factually difficult. Discussion-Forum Companies Law Wed, 18 Feb 2009 17:50:52 +0530 https://www.taxtmi.com/forum/issue?id=1027