12-23-2024, 12:37 PM
What Deductions are Allowed against Entertainment Expenses
Entertainment expenses are governed by Section 21 of the Income Tax Ordinance, 2001, and the associated rules under the Income Tax Rules, 2002. The rules outline when such expenses are deductible and the conditions under which they are disallowed. Here’s a breakdown of allowed deductions: Expenses Outside Pakistan Entertainment expenses incurred during a business trip […]
https://taxationpk.com/what-deductions-a...-expenses/
Entertainment expenses are governed by Section 21 of the Income Tax Ordinance, 2001, and the associated rules under the Income Tax Rules, 2002. The rules outline when such expenses are deductible and the conditions under which they are disallowed. Here’s a breakdown of allowed deductions: Expenses Outside Pakistan Entertainment expenses incurred during a business trip […]
https://taxationpk.com/what-deductions-a...-expenses/