Income Tax - Highlights / Catch Notes

Admissibility of expenditures incurred by the assessee (a ...

Pharma Firm's Referral Fees to Doctors Disallowed as Deductions Under Income Tax Act Section 37 for Policy Violation.

May 25, 2021

Case Laws Income Tax AT

Admissibility of expenditures incurred by the assessee (a pharmaceutical company) u/s 37 - disallowance of referral fees paid to doctors in violation of public policy and regulations formulated by the Medical Council of India ("MC!') - We uphold the lower authorities action treating the assessee's referral fees as commission payment not allowable in principle. - AT

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Admissibility of expenditures incurred by the assessee (a ...

Pharma Firm's Referral Fees to Doctors Disallowed as Deductions Under Income Tax Act Section 37 for Policy Violation.

May 25, 2021

Case Laws Income Tax AT

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