LCI Learning
Master the Basics of Legal Drafting in All Courts. Register Now!

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Expense reimbursement

(Querist) 20 March 2014 This query is : Resolved 
Dear Sir/Madam

One of my friend has own software company. His employee has submitted expense reimbursement slips after three months. Will you please suggest can it will be reimbursed after three months. They dont have any policy for this as off now. Please suggest sir and please give any references if you have.

Thanks & Regards,
J. Srinivas
Advocate
ajay sethi (Expert) 20 March 2014
if employee has spent funds from his own pocket company should reimburse . in future lay down guidelines that all expense vouchers have to be submitted within one month of expense having been incurred
Nadeem Qureshi (Expert) 20 March 2014
agree with expert
Rajendra K Goyal (Expert) 20 March 2014
In absence of well settled policy, the expenses may be paid if appear genuine and better form a policy for future.
Kuummaar AS (Expert) 20 March 2014
If employer is convinced that expenditure is genuine, there is no bar in making reimbursement at any time in the financial year.
Guest (Expert) 20 March 2014
Do you want that the employees of your friends company should make expenditure for the company fron their own pocket and your friend continues to earn profit out of their efforts and expenses? Non-existence of any guidelines is not the fault of employees. Only your friend is responsible for his unclear policies.


You need to be the querist or approved LAWyersclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :