https://www.taxtmi.com/caselaws?id=421356 Referral commission or similar payments made by a hospital to doctors for patient referrals were treated as expenditure incurred in a purpose prohibited by law, because the medical ethics regulations barred physicians from receiving such consideration and the CBDT circular clarified that violations of those regulations are inadmissible under section 37(1); the deduction was therefore disallowed. Reassessment notices issued after four years from the end of the assessment year were held invalid where the recorded reasons did not allege failure to disclose fully and truly all material facts and the reopening relied on the same material already examined in the original assessment; this was treated as a mere change of opinion, so the notices and consequential proceedings were quashed. en-us Tue, 19 Apr 2022 00:00:00 +0530 Mon, 10 Oct 2022 16:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421356 Referral commission or similar payments made by a hospital to doctors for patient referrals were treated as expenditure incurred in a purpose prohibited by law, because the medical ethics regulations barred physicians from receiving such consideration and the CBDT circular clarified that violations of those regulations are inadmissible under section 37(1); the deduction was therefore disallowed. Reassessment notices issued after four years from the end of the assessment year were held invalid where the recorded reasons did not allege failure to disclose fully and truly all material facts and the reopening relied on the same material already examined in the original assessment; this was treated as a mere change of opinion, so the notices and consequential proceedings were quashed. Case-Laws Income Tax Tue, 19 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421356