entertainment expense


This query is : Resolved 

(Querist)
22 October 2008 hi,i am vinay garg ca final student i would like to know that as per income tax which type of expense are including in entertainment expense

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Guest (Expert)
22 October 2008 entertainment exp. means for the purpose of company u have spend rs. for there entertainment like movies, eating or other similar exp. which clearily shows that it is for entertainment for company or employees of company

22 October 2008 Expenditure for providing amusement or enjoyment comes under entertainment expenses.


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