Variable Licence Fee paid annually by Telecommunication Companies to DOT is Capital Expenditure: SC dismisses Review Petition [Read Order]
The SC dismissed a review petition, challenging the judgment wherein it was held that variable licence fee paid annually by telecommunication companies to DOT is capital expenditure
By Kalyani B. Nair - On February 21, 2024 9:33 pm - 2 mins read
The Supreme Court dismissed a review petition, challenging the judgment wherein it was held that variable licence fee paid annually by telecommunication companies to DOT is capital expenditure. The Supreme Court in C.I.T., DELHI vs BHARTI HEXACOM LTD CITATION: 2023 TAXSCAN (SC) 265, observed that “the licence issued under Section 4 of the Telegraph Act…
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