29 January 2010
If exp. incurred on ocassion of Diwali includes gift to relatives is it disallowed ? and if same is not debited to profit and loss account then what the treatment ? under PGBP income
29 January 2010
Diwali gifts to relative is disallowed. but if you didn't debit it to P/L then why worry about disallowed because you didn't claim that. So ignore that.
CAclubindia
