Ayudhat pooja expenses

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 October 2011 Dear Sir, Please give solution to me following case. A company gave Rs.100/- as gift voucher to employee and Rs.100/- cash as gift. both are accounted under gift or salary or staffwelfare. which is correct booking. will expect your reply soon.
Any provision regard this under IT Act.


Thanks & Regards
S.Raj

18 October 2011 Both the expenses will be treated as staff welfare expense ender Personnel cost.

Rs 100 cash will be considered for TDS u/h salary.

18 October 2011 Yes you can book it under staff welfare expenses and the same will be attracted TDS.




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