22 February 2009
Our Company is going to organise a Dealers' Meet for which all the Boarding & Lodging, Travelling, Sight seeing, Entertainment, Local conveyance, Gift expenses will be borne by the Company ?
What will be tax implications regarding FBT.
Are these expenses to be taxed under different heads or they may be taken collectively under the head "Conference"
Please provide me a detailed note so that I may plan the budget and make provisions.
CAclubindia
