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Income Tax - Highlights / Catch Notes

Home Highlights September 2013 Year 2013 This

Deduction u/s. 35ABB - change in Telecom policy enhancing ...


Telecom Policy Update: License Period Doubles to 20 Years, Impacting Deductions u/s 35ABB.

September 7, 2013

Case Laws     Income Tax     AT

Deduction u/s. 35ABB - change in Telecom policy enhancing license period from 10 to 20 years - Since the Revenue is not in appeal on the directions of CIT(A) in earlier years, whatever amount is quantified therein, similar amounts on that basis are to be allowed in this year, being consequential. - AT

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