Can Doctors Accept Freebies or Gifts from Pharma Industry in India and What are its Tax Implications?
Description
Today, I will talk about the case of Apex Laboratories Pvt. Ltd. v. Deputy Commissioner of Income Tax, 2022 SCC OnLine SC 221, wherein the Hon’ble Supreme Court inter alia discussed why the expenses incurred by pharmaceutical entities for distribution of incentives or freebies to medical practitioners, are ineligible for any taxation related benefit.