Supreme Court · 2022 INSC 216 · Decided 22 February 2022
M/S Apex Laboratories PVT. LTD. v. Deputy Commissioner of Income Tax, Large Tax Payer Unit - Ii
- Court
- Supreme Court of India
- Citation
- 2022 INSC 216 · [2022] 2 S.C.R. 126
- Case number
- CIVIL APPEAL No. 1554/2022
- Decided
- 22 February 2022
- Bench
- UDAY UMESH LALIT, S. RAVINDRA BHAT (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Income Tax Act Section 37(1)
Headnote
Income Tax Act, 1961: s.37(1), Explanation 1 - Pharmaceutical companies gifting freebies to doctors etc. is clearly prohibited by law and not allowed to be claimed as a deduction under s.37(1) of the Act - Medical Council Act, 1956 (now repealed) through the Indian Medical Council (Professional Conduct, Etiquette and Ethics) Regulations, 2002 published in the Official Gazette on 14.12.2009, disallowed medical practitioners from accepting emoluments in the form of inter alia gifts, travel facilities,
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