https://www.taxtmi.com/caselaws?id=216949 The Tribunal allowed the assessee's appeals and dismissed the revenue's appeals, deleting the disallowance sustained by the Commissioner of Income Tax(Appeals). The judgment affirmed the legitimacy of the claimed Pharmaceutical Sales Representative (PSR) salary and expenses in the trading of pharmaceutical products business for the assessment years 2003-04 and 2005-06. The Tribunal emphasized the necessity and regularity of such expenses in marketing pharmaceutical products, concluding that the adhoc disallowance was unwarranted without proving the expenses as bogus. en-us Wed, 04 Jul 2012 00:00:00 +0530 Wed, 26 Sep 2012 14:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216949 The Tribunal allowed the assessee's appeals and dismissed the revenue's appeals, deleting the disallowance sustained by the Commissioner of Income Tax(Appeals). The judgment affirmed the legitimacy of the claimed Pharmaceutical Sales Representative (PSR) salary and expenses in the trading of pharmaceutical products business for the assessment years 2003-04 and 2005-06. The Tribunal emphasized the necessity and regularity of such expenses in marketing pharmaceutical products, concluding that the adhoc disallowance was unwarranted without proving the expenses as bogus. Case-Laws Income Tax Wed, 04 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216949