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Income Tax - Highlights / Catch Notes

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Admissibility of expenditures u/s 37 - there is no violation by ...


Pharmaceutical Freebies to Doctors Allowed as Business Expenses u/s 37, No Violation Found.

January 14, 2017

Case Laws     Income Tax     AT

Admissibility of expenditures u/s 37 - there is no violation by the assessee in so far as giving any kind of freebies to the medical practitioners - such kind of expenditures by a pharmaceutical companies are purely for business purpose which has to be allowed as business expenditure - AT

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