hi,
this is amazing to use this site as it fetch quick information as the "Baksheesh is official" But tell me whether it cover tip given to waiter in a hotel.
Thanks & regards
Abid Hussain
2 Replies
Mallidi Ramabrahmananda Reddy
(Profession)
(166 Points)
Replied 11 October 2007
Any lawful expenditure incurred for the purpose of business by whatever name called is allowable expenditure subject to the provisions of I T Act.
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