Posts of Month: August 2012

Inadmissibility of expenses incurred in providing freebees to Medical Practitioner by pharmaceutical and allied health sector Industry

Freebies for medical practitioners and their professional associations will be taxed..!! Expenditure on freebies for medical practitioners and their professional association’s incurred by pharmaceutical and allied health sector industries will not be allowable anymore as deductible expenditure towards taxable income. Those who accept the freebies will also be taxed for its value. This has been […]

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