Conducting Programmes by Pharma Companies for Brand Promotion Expenses is Business Expenditure: ITAT [Read Order]

The Delhi bench of the Income Tax Appellate Tribunal (ITAT), Delhi bench has held that conducting various programmes by the pharmaceutical companies for the purpose of brand promotion expenses is business expenditure under the provisions of the Income Tax Act, 1961. The assessee, engaged in the business of trading and marketing of medicines, incurred expenses […]

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