Article is case study on allowability of expenses by Pharma Companies related to Doctors on on Customer Relationship Management expenses, Key Account Management expenses, Gift Articles, Free medicine Sample, Advertisement and Sales Promotion based on ITAT Mumbai Judgment in the case of The Dy. CIT Vs. PHL Pharma P Ltd.
Existing ICAI Code of Ethics is based on provisions of Chartered Accountants Act, 1949, Chartered Accountants Regulations, 1988, Council Guidelines issued from time to time, as also on the provisions of International Code of Ethics issued by International Ethics Standards Board for Accountants (IESBA).
It has to be realized that good corporate governance is about helping the company achieve its objectives, implement its corporate strategy, while keeping the interest of various stakeholders in mind.
The Board approved the proposal to amend various Regulations to enable the market participants to make payments to SEBI through digital mode (such as NEFT/RTGS) as well.
Notice as prescribed U/s. 143(2) was not properly served on assessee, ITAT Kolkata, held, that assessment made U/s. 144 of the Act was not valid & it was quashed.
BCAS made a Representation to CBDT regarding error in stating due date for Filing of Quarterly TDS Statements for Financial Year 2016-2017 in Circular 1/2017.
Tariff value Notification in respect of Fixation of tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver-Notification No. 04/2017-Customs (N.T.)-
Director General, Revenue Intelligence, hereby appoints officers mentioned below to act as a common adjudicating authority vide Notification No. 3/2017-Customs (N.T./CAA/DRI) [Cus (NT)] 13-1-2017
Director General, Revenue Intelligence, hereby appoints the officers mentioned in column (6) of the table mentioned below to act as a common adjudicating authority to exercise the powers and discharge the duties conferred or imposed on officers
Director General, Revenue Intelligence, hereby appoints below to at as a common adjudicating authority vide Notification No. 1/2017-Customs (N.T./CAA/DRI)
