Friday, February 7, 2020

Pharmaceutical Co. on providing Free Medicine Samples to Doctors cannot invoke FBT provisions: Bombay HC

The Bombay High Court held that Pharmaceutical Company on providing free medicine samples to doctors cannot invoke Fringe Benefits Tax (FBT)provisions. Aristo Pharmaceuticals, the respondent is engaged in the business of manufacturing of pharmaceutical products of various types. The assessee filed a return of fringe benefit disclosing the value of fringe benefits to the extent […]

The post Pharmaceutical Co. on providing Free Medicine Samples to Doctors cannot invoke FBT provisions: Bombay HC appeared first on Taxscan | Simplifying Tax Laws.



from Taxscan | Simplifying Tax Laws https://ift.tt/388jUkn

No comments:

Post a Comment