https://www.taxtmi.com/caselaws?id=269868 Free medical samples supplied to doctors on written requests were treated as sales promotion, not prohibited gifts or freebies, so the section 37(1) disallowance was deleted under the principle of consistency with the assessee's earlier year. On transfer pricing, the Tribunal accepted the inclusion of Educational Consultant India Limited, ITDC Limited and In House Production Limited segments as comparables, and the exclusion of TSR Darashaw Limited as functionally different; since the assessee's margin exceeded the final comparable set, the adjustment was deleted. Interest under section 234C was held leviable on shortfall of advance tax with reference to returned income. en-us Tue, 24 Nov 2015 00:00:00 +0530 Thu, 29 Mar 2018 18:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269868 Free medical samples supplied to doctors on written requests were treated as sales promotion, not prohibited gifts or freebies, so the section 37(1) disallowance was deleted under the principle of consistency with the assessee's earlier year. On transfer pricing, the Tribunal accepted the inclusion of Educational Consultant India Limited, ITDC Limited and In House Production Limited segments as comparables, and the exclusion of TSR Darashaw Limited as functionally different; since the assessee's margin exceeded the final comparable set, the adjustment was deleted. Interest under section 234C was held leviable on shortfall of advance tax with reference to returned income. Case-Laws Income Tax Tue, 24 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269868