Feb
21
8,700 pharma firms in India claimed tax deductions for ‘gifts’
Posted by
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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