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FBT on Party Expenses

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(Querist)
28 April 2008 Hi

Kinldy advise the rate of FBT on party expenses
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Jitender

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Jitender (Expert)
28 April 2008 pls specify the purpose.
general rate - 20%
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CA Hemant T Dewani

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CA Hemant T Dewani (Expert)
28 April 2008 hie mint,
to whome you will give party it is not festival,whether it is sales promotion exp it is liable to 20%+sc+ec+shec
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