Income-tax Act, 1961
Section - 35ABB - Expenditure for obtaining licence to operate telecommunication services
Expenditure for obtaining licence to operate telecommunication services.35ABB. (1) In respect of any expenditure, being in the nature of capital expenditure, incurred for acquiring any right to operate telecommunication services either before the commencement of the business to operate telecommunication services or thereafter at any time during any previous year and for which payment has actually been made to obtain a licence, there shall, subject to and in accordance with the provisions of this section, be allowed for each of the relevant previous years, a deduction equal to the appropriate fraction of the amount of such expenditure.Explanation.-For the purposes of this section,-
| (i) | - | "relevant previous years" means,- |
| (A) | - | in a case where the licence fee is actually paid before the commencement of the business to operate telecommunication services, the previous years beginning with the previous year in which such business commenced; |
| (B) | - | .... To read the full section download the app from Google Play store
22 June 2026
Finance Manager- Chartered AccountantTriveni Turbine Limited Bengaluru CA View Details
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