Perks or business expenditure
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 March 2014
Company has paid membership fees of a club (Rs. 10lakh) on behalf of director. Should company consider it as a perk Or Company can consider it as a business expenditure and claim as a deduction ????
14 March 2014
yes it can be claimed as business exp as there are various judgement on it.
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