FBT QUERY RELATED

This query is : Resolved 

22 May 2008 hy
my clint(pvt.ltd. company) is processer and trader of seeds items. he guide to former in that how the seeds grow in good quality and he expensed rs.700000 during the year 2007-08 and treated it sales promotion expenses.
is he liable to pay FBT ? if yes can we change its group in which FBT NOT LIABLE ?
pls reply me

CA MOSAM SHAH

22 May 2008 What is the nature of expenditure is not clear in ur query

22 May 2008 you are given guidence to farmers regarding how to cultivate so you give your product how to cultivate so it is sales promotion exp.


23 May 2008 the nature is sales promotion i.e. he want to increase his sales through this



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries