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Deduction u\s 37 for gift and presentation

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13 January 2013 the company is giving gift and presentation to guest , whether it uis deductible
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
13 January 2013 In case guests are just guests and their visit to the company is not related with the business of the company, the expenditure may not be allowed.
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Analysis in the given article may help in resolving your query-

https://taxguru.in/income-tax/understanding-allowability-business-expenditure-section-37-income-tax-act-1961-latest-case-laws.html
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