No deduction to Pharma Companies for Freebies to Doctors: SC

Apex Laboratories Pvt. Ltd. Vs DCIT (Supreme Court) Hon’ble Supreme Court notices that medical practitioners have a quasi-fiduciary relationship with their patients. A doctor’s prescription is considered the final word on the medication to be availed by the patient, even if the cost of such medication is unaffordable or barely within the economic reach of the patient – such is the level of trust reposed in doctors. Therefore, it is a matter of great public importance and concern, when it is demonstrated that a doctor’s prescription can be manipulated, and driven by the motive to avail ...