https://www.taxtmi.com/article/detailed?id=11525 Expenditure on promotional freebies to medical practitioners is not deductible where it is an offence or prohibited by law; the law clarifies that prohibition covers offences under any law in force domestically or abroad. Gifting freebies by pharmaceutical companies falls within prohibited expenditure when acceptance is punishable under Medical Council regulations. Determination requires scrutiny of those regulations and factual circumstances to segregate permissible promotional or educational outlays from banned freebies before allowing deductions. en-us Thu, 22 Jun 2023 09:08:03 +0530 Thu, 22 Jun 2023 09:08:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11525 Expenditure on promotional freebies to medical practitioners is not deductible where it is an offence or prohibited by law; the law clarifies that prohibition covers offences under any law in force domestically or abroad. Gifting freebies by pharmaceutical companies falls within prohibited expenditure when acceptance is punishable under Medical Council regulations. Determination requires scrutiny of those regulations and factual circumstances to segregate permissible promotional or educational outlays from banned freebies before allowing deductions. Articles Income Tax Thu, 22 Jun 2023 09:08:03 +0530 https://www.taxtmi.com/article/detailed?id=11525