Guest food expense

27 December 2018

is guest food expense allowed or disallowed

Reply
Follow
Share

4 Replies

Sumit Sarswat (Student) (3154 Points)
Replied 28 December 2018

if it is related to business then it is allowed

RAJA P M ("Do the Right Thing...!!!") (128010 Points)
Replied 28 December 2018

Yes... It's allowed if it's related to business and You can book it as "Business Promotion"

1 Like

naveenboy72@gmail.com (29 Points)
Replied 28 December 2018

u can not claim ITC in GST but u can claim it in p and l a c in income tax books

Aman Kumar (Accounts Executive) (744 Points)
Replied 28 December 2018

You Cannot Claim ITC,but you Booked as per Business Promotion/Sales Promotion

Start a New Discussion