Pharma Company Discounts to Doctors on Vaccines Allowed as Business Expenses; MCI and CBDT Circulars Not Applicable.

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Full Text of the Document

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....Disallowance of Selling and Distribution Expenses - allowable business expense - discounts on purchase of vaccines given to doctors - the present assessee being a pharmaceutical company is outside the scope of the said circulars of MCI and the CBDT....