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Cost accounting

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 September 2013 If a company distributes gifts worth 2 crores every year on diwali to its stakeholders like suppliers, ministers, customers, etc, is that included in the overhead cost ?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
04 September 2013 It is business promotion expenses and includes selling & distribution overheds

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