https://www.taxtmi.com/caselaws?id=337691 The Tribunal upheld the CIT(A)'s decision to delete the disallowance of Rs. 22,99,72,607/-, concluding that the expenses were incurred for business promotion and not as prohibited freebies. The MCI regulations were found to be applicable only to medical practitioners, and the CBDT Circular could not retrospectively apply to the assessment year in question. The appeal filed by the Revenue was dismissed. en-us Thu, 12 Jan 2017 00:00:00 +0530 Mon, 03 Aug 2026 16:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337691 The Tribunal upheld the CIT(A)'s decision to delete the disallowance of Rs. 22,99,72,607/-, concluding that the expenses were incurred for business promotion and not as prohibited freebies. The MCI regulations were found to be applicable only to medical practitioners, and the CBDT Circular could not retrospectively apply to the assessment year in question. The appeal filed by the Revenue was dismissed. Case-Laws Income Tax Thu, 12 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337691