Dear Expert Members,
In case of hotel banquet functions, they collect the "cleaning charges" to clear the Garbage or carpet etc in some cases and not as a standard in all cases. Whether this collection can be set off against Transportation/Cleaning expenses as it is recovery of cost and no service rendered.
Query : Whether recovery can be set of against expenses or to show it as Other receipts/income and charge taxes on that.
Please update with your views.
Regards.
Nagappa.
CAclubindia
