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P&L

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(Querist)
06 July 2009 Are Touring expenses of employee family paid by the company allowed in P&L A/c?
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Manmohan ACA, CS

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Manmohan ACA, CS (Expert)
06 July 2009 no
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SANDEEP BAWEJA

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SANDEEP BAWEJA (Querist)
06 July 2009 Are these expenses FBT imposable?
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SANDEEP BAWEJA

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SANDEEP BAWEJA (Querist)
06 July 2009 Are these expenses FBT imposable?
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Ratan Sharma

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Ratan Sharma (Expert)
06 July 2009 If it is paid in accordance with the agreement of employment then it is a deductible expenditure. No FBT w.e.f. 1.4.2009 as it is abolished.
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