Travel expenses for seminar conducted abroad for medical practitioners with financial aid of Pharmaceuticals Company allowable

Bankers Cardiology Pvt. Ltd. Vs DCIT (ITAT Ahmedabad) Conclusion: Travelling expenses incurred on seminar conducted abroad by assessee-company with the financial aid of the pharmaceuticals company was justified as the same did not give any scope to treat the same for the purpose other than the business of assessee-company so far it related to the medical practitioners. Held: Assessee-company was a super specialty cardiac hospital providing cardiac treatment to patients. It had regularly organized academic conferences for doctors known as “CARDCON” i.e. Cardiac Conference. For such purchase...