The tax authority has also capped at 40% the depreciation rate applicable for assets of individuals with business income, showed the Income-tax (Tenth Amendment) Rules, 2023.
Deepesh Chheda and Saurabh Shah of Dhruva Advisors discuss a Supreme Court of India case and explain why pharmaceutical companies need to fully understand the MCI regulations to secure any tax deduction.
Deepesh Chheda and Saurabh Shah of Dhruva Advisors discuss a Supreme Court of India case and explain why pharmaceutical companies need to fully understand the MCI regulations to secure any tax deduction.