AstraZeneca Estimates Rs 35 Crore Tax Benefit After ITAT Remands Transfer Pricing Issues Farhat Nasim4 Dec 2024 6:32 PM ISTNew Delhi: AstraZeneca Pharma India Limited has estimated a potential tax benefit of approximately Rs 35 crore following a favorable ruling from...
Rs 9.81 crore expenditure on Conference fees, accommodation to doctors, Business Promotion done by Sun Pharma disallowed:Â ITÂ Tribunal Farhat Nasim13 Oct 2024 12:15 PM ISTAhmedabad: The Income Tax Appellate Tribunal (ITAT) in Ahmedabad has upheld the disallowance of more than Rs 9.81 crore incurred by Sun Pharma...
Brand reminders, medical books, journals are like Freebies to doctors: ITAT denies Pfizer expense claim of Rs 11 crore Farhat Nasim21 Oct 2023 3:20 PM ISTMumbai: Noting that expenses done by pharma company Pfizer Limited on brand reminders and the purchase of medical books and journals were like...
ITAT relief to doctor, quashes addition of Rs 95 lakh allegedly paid as capitation fees for admitting his ward to MD Dermatology course Farhat Nasim19 May 2023 4:43 PM ISTMumbai: In a respite to a doctor embroiled in protracted tax litigation, the Income-Tax Appellate Tribunal (ITAT) has quashed the addition of Rs 95...
ITAT allows Rs 3 crore deduction to Merck, says free samples to doctors recognized under UCPMP not violative of MCI Rules Farhat Nasim24 Jan 2023 7:33 PM ISTMumbai: Allowing a deduction of Rs 3 crore to pharma company Merck Limited, the Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has held that the...
No tax deduction on freebies to doctors: Pharma firm disallowed booking Rs 21 lakh as expense by ITAT Roshni Dhar5 Jan 2023 5:07 PM ISTHolding that freebies to medical practitioners are prohibited by law, the Chennai bench of the Income Tax Appellate Tribunal (ITAT) has disallowed...
Health Bulletin 4/January/2022 Roshni Dhar4 Jan 2023 4:31 PM ISTHere are the top health stories for the day:Who will conduct NEXT exam? This body..as per Health MinistryPutting an end to the confusion regarding the...
No tax deduction on freebies to doctors: Pharma company disallowed booking Rs 21 lakh as expense by ITAT Farhat Nasim3 Jan 2023 3:32 PM ISTChennai: Holding that freebies to medical practitioners are prohibited by law, the Chennai bench of the Income Tax Appellate Tribunal (ITAT) has...
Freebies to doctors illegal: ITAT disallows Rs 1 crore business promotion expenses by Mankind Pharma on gift cards Roshni Dhar10 Nov 2022 6:30 PM ISTDenying relief to drugmajor Mankind Pharma Ltd., the Income Tax Appellate Tribunal (ITAT), Delhi has rejected its plea with respect to the...
Freebies to Doctors Illegal: ITAT disallows Rs 1 crore business promotion expenses by Mankind Pharma on gift cards Farhat Nasim9 Nov 2022 2:39 PM ISTThe AO, during the assessment proceedings had noticed that Mankind Pharma had made payments to the doctors by way of gift cards which could be...
ITAT larger bench to decide on the fate of pharma freebies to doctors Medical Dialogues Team19 Oct 2021 5:48 PM ISTMumbai: A larger bench of the Income-tax Appellate Tribunal (ITAT) in Mumbai is soon going to decide the fate of pharma freebies to doctors and...
Expenses incurred in oversea workshops for doctors cannot be dubbed gift, freebies: ITAT relief to pharma firm Medical Dialogues Team4 Oct 2021 4:02 PM ISTMumbai: In a major relief to a Mumbai-based distributor of ortho implants, Evolutis India, the Income-Tax Appellate Tribunal (ITAT) has allowed an...
