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Income Tax - Highlights / Catch Notes

Home Highlights February 2021 Year 2021 This

Deduction in respect of expenditure incurred under the head of ...

Case Laws     Income Tax

February 20, 2021

Deduction in respect of expenditure incurred under the head of marketing support fee and transaction support fee - every activity which gives an enduring benefit to the assessee would not get the character of capital in nature - the tribunal has rightly allowed the expenditure incurred towards marketing support fee and transit support fee under Section 37(1) of the Act. - HC

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