club membership fees


21 October 2008 if the director of the company pays club membership fees for joining a club , so that he can increase his network and business contacts ,whether that expense is allowable in the books of the company???

22 October 2008 Yes, disclosure required in Tax Audit return

22 October 2008 Yes, disclosure required in Tax Audit return


22 October 2008 Yes. Mr.Pankaj has stated correctly.

23 October 2008 Thank you Mr. Pankaj. I would be glad if u can site any case law supporting the fact that this is an allowable exepnse ??



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