FBT on Inaguration Expenses

Dear Ayesha,

U urself replied ur query, i:e "Inaguartion" is an event & different kind of expenses can be incurred like -

1) Foods,etc

2) Gift

3) Lightining

4) Payment to brand amassador

Therefore the nature of expenses will determine whether FBT is leviable or not.

Thanks Amir,

As you said it is Food etc., purchased on inaguration day, does it attracts FBT?

Dear Ayesha,

Yes it will attract FBT under "Provision of Hospitality"

Thank You!!!!!!

Dear Ayesha,

Welcome