https://www.taxtmi.com/caselaws?id=417275 The High Court upheld the Tribunal's decision, emphasizing the non-retrospective application of Circular No.5 of 2012 to pharmaceutical companies and the lack of legal prohibition on such expenses. The judgment provided clarity on the interpretation of tax laws concerning pharmaceutical companies' expenditures on medical practitioners, setting a precedent for future cases. en-us Fri, 14 Jan 2022 00:00:00 +0530 Thu, 28 Apr 2022 17:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417275 The High Court upheld the Tribunal's decision, emphasizing the non-retrospective application of Circular No.5 of 2012 to pharmaceutical companies and the lack of legal prohibition on such expenses. The judgment provided clarity on the interpretation of tax laws concerning pharmaceutical companies' expenditures on medical practitioners, setting a precedent for future cases. Case-Laws Income Tax Fri, 14 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417275