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2011 (6) TMI 869 - ITAT JAIPURExtract: .......relied upon by ld. A/R and found that they also support the case of the assessee. In view of the above facts and circumstances, we hold that privilege fee paid by assessee is allowable as business expenditure. Accordingly we direct the AO to allow the deduction to the assessee.’’ 7. In the result, the appeal of the revenue is dismissed.
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