India Entry for Gift Received in Kind


Joined
Mar 30, 2018
Messages
1
Reaction score
0
Country
India
My sister has given me the travel tickets of Dubai as a gift to me
How I need to pass the entry in my books, the stay and other expenses are incurred from my company account
 
Ad

Advertisements

bklynboy

VIP Member
Joined
Oct 12, 2011
Messages
573
Reaction score
107
Country
United States
Not sure you need to. I am constantly taken out to dinner and sporting events by vendors and clients. All I do is log them in the gift registry to make sure there is no quid-pro-quo but no accounting. Only your out of pocket business costs need to be accounted for.
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Top