{"id":34710,"date":"2023-05-20T14:03:42","date_gmt":"2023-05-20T08:33:42","guid":{"rendered":"https:\/\/itatonline.org\/digest\/dy-cit-v-curosis-healthcare-private-limited-jaipur-trib-www-itatonline-org\/"},"modified":"2023-05-20T14:03:42","modified_gmt":"2023-05-20T08:33:42","slug":"dy-cit-v-curosis-healthcare-private-limited-jaipur-trib-www-itatonline-org","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dy-cit-v-curosis-healthcare-private-limited-jaipur-trib-www-itatonline-org\/","title":{"rendered":"Dy .CIT v. Curosis Healthcare Private Limited ( Jaipur )( Trib) www.itatonline .org."},"content":{"rendered":"<p>Dismissing the appeal of the Revenue the Tribunal held that Gifting freebies to dealers and stockists based on performance in meeting sales targets is allowable as a deduction. \u00a0Circular No 5 of 2012 dt. 18 -2012 prohibits the benefit of freebies directly or indirectly to medical practitioners and their professional associations and not to dealers and stockists\u00a0 . \u00a0( ITA . 352 \/ JPR \/ 2022 dt .14 -2 -2023 )( AY. 2013 -14 )<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>.37(1): Business expenditure \u2013 Sales and business promotion expenses -Gifting freebies to dealers and stockists \u2013 Performance in meeting sales targets \u2013 Allowable as a deduction \u2013 Circular No 5 of 2012 dt. 18 -2012 prohibits the benefit of freebies directly or indirectly to medical practioners and their professional associations and not to dealers and  stockists  . <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-34710","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-91Q","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/34710","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=34710"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/34710\/revisions"}],"predecessor-version":[{"id":34711,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/34710\/revisions\/34711"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=34710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=34710"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=34710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}