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caterring expenses at the time of vastupuja liable for fbt

This query is : Resolved 
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(Querist)
07 September 2008 EXPENDITURE ON FIRMS OPENING i.e. vastupuja expenses caterring and mondop expenses is liable for fbt if yes under which section
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Kapil Suresh Jinde

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Kapil Suresh Jinde (Querist)
08 September 2008 pls reply
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CMA Jitendra Singh

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CMA Jitendra Singh (Expert)
08 September 2008 Yes,u/s 115WC @20%
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CA Rajesh S

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CA Rajesh S (Expert)
10 September 2008 Yes it is liable to FBT
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