https://www.taxtmi.com/caselaws?id=332346 Expenditure on sponsoring doctors' overseas tours was not deductible under section 37(1) because the trips were found to be inducements to promote the assessee's pharmaceutical products, and the Medical Council ethics regulations prohibit doctors from receiving such travel and hospitality benefits. The claim therefore failed as not wholly and exclusively for business and as expenditure incurred for a prohibited purpose. By contrast, disallowance of physician-sample expenses required factual verification: free samples may be allowable when genuinely used to test efficacy or introduce a product, but the assessee had not furnished sufficient details to show that purpose. The sample issue was therefore sent back for fresh adjudication. en-us Mon, 12 Sep 2016 00:00:00 +0530 Thu, 15 Sep 2016 09:20:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332346 Expenditure on sponsoring doctors' overseas tours was not deductible under section 37(1) because the trips were found to be inducements to promote the assessee's pharmaceutical products, and the Medical Council ethics regulations prohibit doctors from receiving such travel and hospitality benefits. The claim therefore failed as not wholly and exclusively for business and as expenditure incurred for a prohibited purpose. By contrast, disallowance of physician-sample expenses required factual verification: free samples may be allowable when genuinely used to test efficacy or introduce a product, but the assessee had not furnished sufficient details to show that purpose. The sample issue was therefore sent back for fresh adjudication. Case-Laws Income Tax Mon, 12 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332346