Provisions for Expenditure incurred for obtaining license to operate Telecommunication Services (section 35ABB)

Provisions for Expenditure incurred for obtaining license to operate Telecommunication Services (section 35ABB)

1, Conditions for allow ability: Expenditure should be capital in nature. It should be incurred for the purpose of acquiring any right to operate telecommunication services. Payment should have been actually made to obtain a license for claiming deduction. It may be incurred either before commencement of business or any time during the previous year. […]

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 PROVISIONS FOR EXPENDITURE INCURRED FOR OBTAINING LICENSE TO OPERATE TELECOMMUNICATION SERVICES (SECTION 35ABB)

PROVISIONS FOR EXPENDITURE INCURRED FOR OBTAINING LICENSE TO OPERATE TELECOMMUNICATION SERVICES (SECTION 35ABB)

Conditions for allow ability: Expenditure should be capital in nature. It should be incurred for the purpose of acquiring any right to operate telecommunication services. Payment should have been actually made to obtain a license for claiming deduction. It may be incurred either before commencement of business or any time during the previous year. Amount […]

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