Revisiting the Scope of Section 35ABB of the Income Tax Act
IIM Kozhikode Society & Management Review
Published online on June 11, 2024
Abstract
IIM Kozhikode Society & Management Review, Ahead of Print.
The Supreme Court (SC), on 16 October 2023, observed that licence fees paid by telecom companies under the New Telecom Policy 1999 would be a capital expenditure under section 35ABB of the Income Tax Act, 1961. Quashing the judgments of high courts of ...
The Supreme Court (SC), on 16 October 2023, observed that licence fees paid by telecom companies under the New Telecom Policy 1999 would be a capital expenditure under section 35ABB of the Income Tax Act, 1961. Quashing the judgments of high courts of ...