19 December 2007
COMPANY MADE GIFT TO CUSTOMER IN LUCKY DRAW SCHEME UNDER SALES PROMOTION THIS ENTRY INCLUDE IN SALES PROMOTION OR GIFT. WHAT IS INCLUDED FOR THE PURPOSE OF GIFT GIFT TO EMPLOYEES GIFF TO CUSTOMER GIFT TO GOVERMENT SERVANT
08 March 2008
The gift to customers if inclueded in sales promotion will attract FBT. It is better to include this under Selling Expenses-Promotional Incentive Material