Case Law Details
Case Name : Medley Pharmaceuticals Ltd. Vs DCIT (ITAT Mumbai)
Related Assessment Year : 2012-13
Courts :
All ITAT ITAT Mumbai
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Medley Pharmaceuticals Ltd Vs CIT (ITAT Mumbai)
The issue under consideration is whether the freebies paid to pharmaceutical companies will be allowed u/s 37(1) or not?
ITAT states the code of conduct prescribed by the Medical Council is applicable only to medical practitioners/ doctors registered with the MCI and does not apply to pharmaceutical companies & the healthcare sector in any manner. The issue as regards the applicability of the MCI regulations to the pharma
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