TMI BlogVariable License Fee: Capital or Revenue Expenditure? Section 35ABB Clarifies Deduction Eligibility Under Income Tax Act.Whether variable licence fee - amortized u/s 35ABB - payment of licence fee was capital in part and revenue in part - Capital expenditure will qualify for deduction as per Section 35ABB - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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