Section 37 of Income Tax Act, 1961—In the instant case, question for consideration is that  whether the processional fees paid to the Doctors as Medical Advisors/ Sr. Consultant/ Scientific Consultant can be allowed as business expenditure within the provision of section 37(1) of the Act.

Held that—we are of the considered opinion that the professional fees paid to the doctors to the tune of Rs. 2,29,16,147/- is not in violation of either MCI Guidelines or CBDT Circular as discussed above and hence the same is allowable business expenditure u/s 37(1) of the Act which has been taken into consideration in its proper prospective by the Learned CIT(A). Thus this Court does not find any infirmity in the order passed by the Learned CIT(A), so as to warrant interference. The question is accordingly answered in the affirmative, i.e. in favour of the assessee and against the Revenue.[ACIT, CIRCLE – 2 (1) (2) , AHMEDABAD, DY. CIT, CIRCLE – 2 (1) (2) , AHMEDABAD VERSUS M/S. LA RENON HALTHCARE PVT. LTD.] [2019] 17 ITCD Online (32) [ITAT AHMEDABAD]