Telecom licence fee payable as a percentage of gross revenue is a Capital Expenditure: SC

CIT Vs Bharti Hexacom Ltd (Supreme Court of India)

The Supreme Court of India, in a recent landmark ruling, addressed a critical issue that has significant implications for the telecom industry and the broader business landscape in the country. The judgment revolves around the classification of telecom license fees as either capital or revenue expenditure. This distinction has far-reaching consequences, especially for telecom companies operating in India.

In this comprehen

Please become a Premium member. If you are already a Premium member, login here to access the full content.