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