Freebies to doctors by pharma firms not legal: SC

Published On 2022-02-24 07:29 GMT   |   Update On 2022-02-24 07:29 GMT

Denying relief to a Pharmaceutical Company, the Supreme Court on Tuesday made it clear that gifting "freebies" to doctors by such companies is "prohibited by law" and it cannot be claimed as a deduction under the Income Tax Act.Such observations were made by the top court bench comprising of justices U U Lalit and S Ravindra Bhat while dealing with the case where the pharma company had spent...

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Denying relief to a Pharmaceutical Company, the Supreme Court on Tuesday made it clear that gifting "freebies" to doctors by such companies is "prohibited by law" and it cannot be claimed as a deduction under the Income Tax Act.

Such observations were made by the top court bench comprising of justices U U Lalit and S Ravindra Bhat while dealing with the case where the pharma company had spent Rs 4,72,91,159 on gifts to doctors for creating awareness about the health supplement 'Zincovit'.

For more information, check out the full story on the link below: 

Pharma Freebies To Doctors: Supreme Court Announces Its Verdict 



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