8,700 pharma firms in India claimed tax deductions for ‘gifts’
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www.biotecnika.org
Around 8,667 pharmaceutical companies claimed income tax deduction
under "sales promotion expenses" and "gifts" during 2019-20, the
income tax department informed the Madras high court in response to a
suo motu case taken up by the court against such unethical marketing
practices.
https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/8700-pharma-firms-in-india-claimed-tax-deductions-for-gifts/articleshow/74253019.cms
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