https://www.taxtmi.com/article/detailed?id=1772 Payments characterized as commissions to private physicians for referring patients are prohibited by professional ethics rules and, when their object is forbidden by law or opposed to public policy under Section 23 of the Contract Act, are unlawful and void; consequently such referral commissions cannot qualify as legitimate business expenditure under the residuary deduction rule in Section 37, including the Finance Act, 1998 explanation excluding expenditures incurred for an offence or prohibited by law. en-us Sun, 17 Jun 2012 14:59:58 +0530 Sun, 17 Jun 2012 14:59:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1772 Payments characterized as commissions to private physicians for referring patients are prohibited by professional ethics rules and, when their object is forbidden by law or opposed to public policy under Section 23 of the Contract Act, are unlawful and void; consequently such referral commissions cannot qualify as legitimate business expenditure under the residuary deduction rule in Section 37, including the Finance Act, 1998 explanation excluding expenditures incurred for an offence or prohibited by law. Articles Income Tax Sun, 17 Jun 2012 14:59:58 +0530 https://www.taxtmi.com/article/detailed?id=1772