Tribunal Allows Deduction of Marketing and Transaction Support Fees u/s 37(1) of Income Tax Act.

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....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....