Liquor exp.


This query is : Resolved 

14 December 2012 Dear friends,
Whether liquor exp. Deduction allowed under Income tax?
If no, under what section?

@VaibhavJ (Expert)
14 December 2012 hi

for expense on client, it is allowed as client entertainment..

hoewever if paid in cash it should not be more than 20k.

Thanks//Vaibhav
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