Meaning of gift under FBT

This query is : Resolved 

12 June 2009 HI Friends,

Please clerify me meaning of gift under fbt.

If com distribute some item (quantity purchased from market)to its employee on the occassion of festival celebration.
what is this
1) Gift (5%)
2) festival celebration(20%)

Thanks
Suraj

12 June 2009 it will be festival celebration becz specific clause prevails over general clause.

12 June 2009 agree with Jitender ji


12 June 2009 I also agree with the views of experts.



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