Easy Office
LCI Learning

gift exp

This query is : Resolved 
Profile Image

Profile Image

(Querist)
04 January 2011 assessee has given laptops and gold coins as gifts to dealers who has crossed desired targets of sales. departments has disallowed it on the contention that it is personal in nature.

please share your khowledge on above matter with related case law.

its lil bet urgent so reply fast plz

thanking you
Profile Image

CA Shailesh Kumar Bhagat

Profile Image

CA Shailesh Kumar Bhagat (Expert)
04 January 2011 If the gift scheme was declared prior, and whoever acheived the limit, got the gift, it cannot be personnel nature.

If above os right, you may filled a appeal.
Profile Image

Balakrishnan

Profile Image

Balakrishnan (Expert)
05 January 2011 it is sales promotion and not gift. ito is wrong in disallowing.
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

UNNATI BHOJAK

Profile Image

UNNATI BHOJAK (Querist)
05 January 2011 can you give me any case law?

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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links