Inadmissibility of Expenses Incurred in Providing Freebees to Medical Practitioner by Medical Practitioner y Pharmaceutical and Allied Health Sector Indusry

CIRCULAR NO. 5/2012 [F. NO. 225/142/2012-ITA.II] DATED 1-8-2012 It has been brought to the notice of the Board that some pharmaceutical and allied health sector Industries are providing freebees (freebies) to medical practitioners and their professional associations in violation of the regulations issued by Medical Council of India (the Council) which is a regulatory body constituted under the Medical Council Act, 1956. 2. The council in exercise of its statutory powers amen

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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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