15 December 2015
Dear Sir,
we are the MTR products Distributor,taking our 30 retailers to shirdi Temple as entertainment in order to promote sales,total tour package is 5 lacs (five lakhs), can whole the amount be allowable as an expenses? or Any limitation is fixed as per Income-Tax..
Anticipating ur reply at the earliest.
Regards,
Anand K
CAclubindia
