ITAT recommends constitution of larger bench to decide allowability of exp. on freebies to medical professionals

INCOME TAX : Not agreeing with co-ordinate bench decision, Tribunal recommends constitution of a bench of three or more Members to consider question as to whether or not an item of expenditure on account of freebies to medical professionals, which is hit by rule 6.8.1 of Indian Medical Council (Professional Conduct, Etiquette and Ethics) Regulations, 2002 can be allowed as a deduction under section 37(1)

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