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Income Tax - Highlights / Catch Notes

Home Highlights December 2013 Year 2013 This

Whether variable licence fee - amortized u/s 35ABB - payment of ...


Variable License Fee: Capital or Revenue Expenditure? Section 35ABB Clarifies Deduction Eligibility Under Income Tax Act.

December 24, 2013

Case Laws     Income Tax     HC

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

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