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Allowabiity of Liquor Bills

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(Querist)
23 October 2010 Expenditure incurred incurred in hotel includes payment for liquor is the same is allowed in Income Tax/
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
23 October 2010 If it is entertainment exp. or business promotion exp. --- allowable.

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