caterring expenses at the time of vastupuja liable for fbt

This query is : Resolved 

07 September 2008 EXPENDITURE ON FIRMS OPENING i.e. vastupuja expenses caterring and mondop expenses is liable for fbt if yes under which section

08 September 2008 pls reply

08 September 2008 Yes,u/s 115WC @20%

10 September 2008 Yes it is liable to FBT


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