Sales promotion expenses
This query is : Resolved
15 December 2015
Dear Sir,
we are the MTR products Distributor,taking our 30 retailers to shirdi Temple as entertainment in order to promote sales,total tour package is 5 lacs (five lakhs), can whole the amount be allowable as an expenses? or Any limitation is fixed as per Income-Tax..
Anticipating ur reply at the earliest.
Regards,
Anand K
16 December 2015
yes, you can claim as business promotion.
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