Yes. It can be claimed as an expense.
In case auditor raises an issue, this could be shown as a reimbursement of expenses done on your behalf.
Say I run a business, and I send someone by cab everyday, the cab company gives a bill under the name of the person going by cab, the money for the bill is being paid through by cheque from the company account. Can I deduct this as business expense even though the company's name is not in the invoice?
Yes. It can be claimed as an expense.
In case auditor raises an issue, this could be shown as a reimbursement of expenses done on your behalf.
Yes, you can claim this as a business expenses.
For a matter of caution, you can take an monthly undertaking from that person that he has travelled for business purpose and the company has reimbursed the expenses mentioning the details of the travel.
Hello,
Yes, you can very well claim the expense.
But as a record ask the person to submit the travel bills to the company and also sign expense vouchers.
Trust this clarifies your query.
Feel free to call / get back in case of further clarifications.
Thanking You.
Regards,
Rohit R Sharma
BCOM, FCA, LLB, CERT. FAFP