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Income Tax - Highlights / Catch Notes

Home Highlights June 2022 Year 2022 This

Allowability of Professional promotion charges - Expenses ...

Case Laws     Income Tax

June 17, 2022

Allowability of Professional promotion charges - Expenses incurred by Hospitals towards patients referred to hospital by doctors/villagers/RMP’s etc. - the disallowance was made by the AO only on the ground that the said expenditure is hit by the explanation to Section 37(1) being prohibited. When the genuineness of the expenditure is not doubted then the claim of the assessee cannot be disallowed. - AT

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