Dear All,
Greetings of the day.. Kindly confirm if company will pay cash for Safety Week , Environment day (etc special days) in which head these expandature will go and any exemption is there for these expencess as per IT act.
Kindly guide me.
Regards
M.RamKumar
Inquiry on Tax Exemptions for Company Expenses During Safety Week and Environment Day Under Income Tax Act A forum participant inquired about the classification and potential exemptions under the Income Tax Act for expenses incurred by a company on special days such as Safety Week and Environment Day. The individual sought guidance on how these expenditures should be categorized and whether any tax exemptions apply. (AI Summary)
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