Supreme Court settles the treatment of variable telecom license fees as capital expenditure: CIT vs. Bharti Hexacom Ltd. (16 October 2023)
Supreme Court Clarifies Treatment of Telecom License Fees as Capital Expenditure: CIT vs. Bharti Hexacom Ltd. (2023) LEGAL ISSUE: Whether variable license fees paid by telecom operators are revenue or capital expenditure. CASE TYPE: Income Tax, Civil Appellate Jurisdiction. Case Name: C.I.T., Delhi vs. Bharti Hexacom Ltd. [Judgment Date]: 16 October 2023 Introduction Date of […]