In the case of :
The Guest or Debitor will visit the office to Discus about business with the company the company will Pay the Travaling Expenses for them it was treated as Business promotion
3 Replies
saurabh
(CA)
(552 Points)
Replied 31 May 2009
yes this exp is business promotion exp and thus liable to FBT
CA Madhumita Binani
(Executive Accounts (SERVICE))
(389 Points)
Replied 10 June 2009
Yes, it is purely Business Promotion Expenses and hence liable to FBT.......!!!
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