I-T probes pharma company’s funding of doctors

An officer said, "In the company's records, USV has mentioned that the payments were made towards other purposes including educating patients."
Income tax officers were not willing to go on record but said the department is probing the role of several other doctors also.

The income tax (I-T) investigation wing claims to have unearthed a nexus between a leading pharmaceutical company and doctors and evidence showing payments running into crores to the latter for prescribing the company’s medicines.

The department, in the past few days, carried out raids at 20 premises of USV India and three reputed doctors in Mumbai, and one each in Nagpur and Rajkot. A spokesperson for the company confirmed the raid but denied any wrongdoing. Full Story

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