Disallowance of sales promotion expenses being gifts to doctors ...

Case Laws Income Tax

December 23, 2020

Disallowance of sales promotion expenses being gifts to doctors and hospitals - Allowable business expenditure u/s 37(1) - the MCA regulations are applicable to the doctors and not to the pharmaceutical companies who incur such expenses and therefore these expenses are purely business nature and had to be allowed as wholly and exclusively incurred for the purpose of business under section 37(1) - AT

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Disallowance of sales promotion expenses being gifts to doctors ...

Case Laws Income Tax

December 23, 2020

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