Staff welfare exp.

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Querist : Anonymous

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Querist : Anonymous (Querist)
30 May 2012
Dear sir,

i am working in pvt.ltd co. in delhi our company turnover in 5 crore to 7 crore per year. i have some problem/confusion in Staff Welfare Exp. how many amount/percent allowed in Staff Welfare Exp. in Pvt.Ltd.


Please suggest me
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
30 May 2012 There is no fixed percentage. The total amount incurred will be allowed if it is genuine.
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CA Pawan Goswami

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CA Pawan Goswami (Expert)
30 May 2012 I agree with the answer of Siddhartha Bhardwaj Sir. There is no fixed percentage/ amount for allowance of staff welfare expenses.
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CA Shiv

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CA Shiv (Expert)
30 May 2012 no fixed percentage... do what ever you want to do with that account... Because there is no FBT now.. you can take advantage...

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