Can businesse promotion exp come under parquisit

Hi,

Can businesse promotion expenses paid by company to director of the company, come under perquisite?

please clarify
Replies (3)
Quick Summary
This discussion explores whether business promotion expenses paid by a company to its director can be classified as a perquisite. The consensus suggests it typically is not a perquisite. However, if structured as remuneration, it forms part of the director's salary. If paid on a percentage basis, it may be considered commission, subject to company resolutions and specific circumstances.

No it is not a perquisite
No it will not come under perquisites
If it is in the form of remuneration then it's a part of salary. if it's on percentage basis then it's commission subject to company resolution. it all depends upon facts and circumstances.

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