02 June 2009
A pvt. Ltd. Co. incurs Rs. 39000/- on a trip for the enjoyment of employees(Only employees not their families). This exps. include bus fare Rs. 32000 and the balance is for their food etc. My querries are 1 These expenses will be shown under which head of income.... 2 Whehter these expenses are charged to FBT..... Please answer as it is very urgent. Thanx a lot
CAclubindia
