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.
On August 9, 2022, the Energy Conservation (Amendment) Bill, 2022 (the “Bill”) passed the muster of the Lok Sabha. Read more.
With the objective of reforming the telecommunication law and making it more sensitive to the concerns of this ever-evolving sector, the Indian Telecommunication Bill, 2022 has been proposed.