TAX
Telcos in a Fix: Licence Fee to be Treated as Capital Expenditure
Recently, the Supreme Court held that the variable annual licence fee paid by telcos has to be treated as capital expenditure.
October 20, 2023
Recently, the Supreme Court held that the variable annual licence fee paid by telcos has to be treated as capital expenditure.
CBDT has issued Circular No 20/2021 providing more clarification on Section 194-O, 194Q & 206C(1H) of teh Income Tax Act.
Read the analysis and implications of the legal contentions discussed in the notable judgment of Leena Power Tech Engineers Pvt Ltd.