head of expenditure

This query is : Resolved 

02 June 2009 A pvt. Ltd. Co. incurs Rs. 39000/- on a trip for the enjoyment of employees(Only employees not their families). This exps. include bus fare Rs. 32000 and the balance is for their food etc.
My querries are
1 These expenses will be shown under which head of income....
2 Whehter these expenses are charged to FBT.....
Please answer as it is very urgent.
Thanx a lot

02 June 2009 1. Staff welfare.
2. yes, FBT will be charged.


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