Liquor purchased for sales conference is allowed as expenses or not

Danish (Accounts Executive) (73 Points)

07 August 2018  

WE ARE A MANUFACTURING UNIT OF PLASTIC HOUSEHOLD ARTICLES WE HELD A SALES CONFERENCE FOR OUR DISTRIBUTORS FOR WHICH WE SERVED THEM LIQUOR FOR ABOUT Rs.35000/- SO MY QUESTION IS CAN WE BOOK SUCH EXPENSE IN TO OUR ACCOUNTS IT IS ALLOWED OR NOT.