08 November 2009
u/s 35ABB of income tax act, deduction for capital expenditure actully paid on obtaining the telecommunication license is allowed in number of years.
ABC ltd. paid Rs.30 lacs on 01-08-2007 for license for 5 years. how much deduction shall be allowaed in each A.Y. from 2008-09 to 2013-2014?
CAclubindia
