FBT -SALES PROMOTION

This query is : Resolved

satyam (Querist)
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23 August 2007 I AM SERVICE PROVIDER , I ARRANGE TOUR FOR CLIENTS DEALER FOR SALES PROMOTION OF CLIENTS COMODITY , IN THIS CASE I PAID AMT. TO TOUR OPERATER RS. 1,00,00,000.
WHETHER THIS ONE CRORE IS LIABLE FOR FBT IS THERE ANY CASE LAW THEN PLEASE LET ME KNOW
I WANT TO KNOW IN WHAT HEAD IT WILL CLASSIFY IF I CLASSIFY IN TRAVELLING BUT THAT DEALER IS NOT MY EMPLOYEE
AND IF CLASSIFY IN SALES PROMOTION THAT IS NOT MY PRODUCTS SALES PROMOTION

Jitender

Jitender (Expert)
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24 August 2007 yes it is liable for fbt

satyam

satyam (Querist)
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24 August 2007 I WANT TO KNOW IN WHAT HEAD IT WILL CLASSIFY IF I CLASSIFY IN TRAVELLING BUT THAT DEALER IS NOT MY EMPLOYEE
AND IF CLASSIFY IN SALES PROMOTION THAT IS NOT MY PRODUCTS SALES PROMOTION

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madhusudan

madhusudan (Expert)
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24 August 2007 Dear friend,
As per my understanding u r not liable to FBT. As this is the case of busines expenditure from ur perspective, it is immaterial for whether it is a sales promotion expenses for ur clients or anything else.