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
Supreme Court - Variable Licence Fee - Telecommunication license fee - Telecommunication Companies - DOT - taxscan

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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