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Sec. 115WB FBT on expenses at AGM

This query is : Resolved 

22 October 2008 Listed company incures various expenses at Annual Gen Meeting for provision for hospitality food & brevarages,hotel logging, Conveyance etc. Please clarify whether these expenses come under scope of FBT U/s 115WB

22 October 2008 Yes it will come under the scope of FBT as well.

22 October 2008 115 WB(2)(A) attracts.


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