If a gold firm organize paid event like holi ,garba night etc

1- can we transfer the balance of this expense music lighting etc to one separate account ??

2- what is the taxation for it 

3- can we record this types of expense means which are not related to main business operation??

It is to be treated as ancillary to business. Taxation same as business income. Yes you can transfer to one separate account I.e event expenses. Yes you have to record the transaction

thanx sir for clearing my doubt 

1- does this event expenses is tax deductible ?

2- can we record it as income from sale of ticket for event as 45 lacs without recording expense  if not why ??