FBT on Inaguration Expenses

Ayesha Banu A (.) (105 Points)

28 January 2010  

Dear all,

Can any one tell me about "FBT on Inaguartion Expenses" for AY 2009-10 is attracted or not?

Does it comes under 'Entertainment' or 'Provision of hospitality of every kind by the employer to any person (but not to the employees in office or factory, or by paid vouchers)'???


Thanks in advance