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(Querist)
04 September 2008 can anyone explain why license fee paid by a telecom co is a capital expenditure?
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Jitender

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Jitender (Expert)
04 September 2008 it is capital expenditure as per as-26.
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mohan rao

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mohan rao (Expert)
04 September 2008 The License fee paid by the telecom company will be useful more than one yearof time



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CA. Mahesh Agarwal

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CA. Mahesh Agarwal (Expert)
04 September 2008 Benefits will be derived for some years.

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