Entertainment expenditure

[Guest]

What is the present position on allow ability of expenses under the head entertainment which includes liquor.?

[Ganeshan Kalyani]

Your auditor will tell you all these details. It is not uniform. It depends on the business. This is what I understand. Thanks.

AI Summary

Entertainment Expenses Allowability Varies by Business Type; Consult an Auditor for Specifics on Income Tax Rules. A user inquired about the current status of the allowability of entertainment expenses, including liquor, under income tax regulations. The response indicated that the specifics depend on the nature of the business and advised consulting an auditor for detailed information, as the rules are not uniform across all businesses.