Meaning of gift under FBT


This query is : Resolved 

12 June 2009 HI Friends,

Please clerify me meaning of gift under fbt.

If com distribute some item (quantity purchased from market)to its employee on the occassion of festival celebration.
what is this
1) Gift (5%)
2) festival celebration(20%)

Thanks
Suraj

12 June 2009 it will be festival celebration becz specific clause prevails over general clause.

12 June 2009 agree with Jitender ji

12 June 2009 I also agree with the views of experts.


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