FBT -SALES PROMOTION

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This query is : Resolved

satyam (Querist)

23 August 2007 I AM SERVICE PROVIDER , I ARRANGE TOUR FOR CLIENTS DEALER FOR SALES PROMOTION OF CLIENTS COMODITY , IN THIS CASE I PAID AMT. TO TOUR OPERATER RS. 1,00,00,000.
WHETHER THIS ONE CRORE IS LIABLE FOR FBT IS THERE ANY CASE LAW THEN PLEASE LET ME KNOW
I WANT TO KNOW IN WHAT HEAD IT WILL CLASSIFY IF I CLASSIFY IN TRAVELLING BUT THAT DEALER IS NOT MY EMPLOYEE
AND IF CLASSIFY IN SALES PROMOTION THAT IS NOT MY PRODUCTS SALES PROMOTION

Jitender

Jitender (Expert)

24 August 2007 yes it is liable for fbt

satyam

satyam (Querist)

24 August 2007 I WANT TO KNOW IN WHAT HEAD IT WILL CLASSIFY IF I CLASSIFY IN TRAVELLING BUT THAT DEALER IS NOT MY EMPLOYEE
AND IF CLASSIFY IN SALES PROMOTION THAT IS NOT MY PRODUCTS SALES PROMOTION

madhusudan

madhusudan (Expert)

24 August 2007 Dear friend,
As per my understanding u r not liable to FBT. As this is the case of busines expenditure from ur perspective, it is immaterial for whether it is a sales promotion expenses for ur clients or anything else.

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