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2017 (8) TMI 1351 - AT - Income TaxAllowable business expenditure - vend fee, special privilege fee and the annual license fee - Held that:- As the issue of fees levied by the government has already been held to be an allowable expenditure, respectfully following the principles laid down in the decision in the case of Karnataka Beverages Corporation Ltd. [2016 (3) TMI 461 - KARNATAKA HIGH COURT], the additions made by the AO and as confirmed by the Ld.CIT(A) in respect of the vend fee, special privilege fee and the annual license fee stands deleted. - Decided in favour of assessee
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