Tag Archives: freebies to doctor allowable expenses

Free diaries, pen sets, calendars etc to Doctors by Pharma Co is allowable Expenses

By | February 10, 2017

Issue Whether freebies given by the assessee to doctors expenses are illegal and consequently not allowable as per the Explanation to Section 37(1) of the Income-tax Act, 1961 in view of the fact that such payments are specifically prohibited w.e.f. 10.12.2009 by the Medical Council of India (MCI), which is the competent authority ? Held This… Read More »