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income tax on gift

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Querist : Anonymous

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Querist : Anonymous (Querist)
01 January 2011 DEAR ALL FIRST HAPPY NEW YEAR 2011

MY QUERY IS CAN WE BOOK EXPENSES FOR PRIVATE LIMITED COM.GIVE BY GIFT ANY

URGENT
WHILE NO THAIN HOW WE CAN BOOK THAT
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
01 January 2011 Happy new year to you too.

If a gift has been given by a private limited company then gift expenses can be booked in its accounts.

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