Foreign travel expenses to reward doctors for patient referrals not allowed as business exp

By | September 21, 2016

Foreign travel expenses as business expenditure:

The Mumbai Bench of the Income-tax Appellate Tribunal held that foreign travel expenditures incurred to reward medical doctors for “patient-referrals” are not allowable as a deduction. The case is: Liva Healthcare Limited. Read  KPMG September 2016 report [PDF 345 KB]

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