https://www.taxtmi.com/caselaws?id=245043 Variable licence fee paid on a revenue-sharing basis after 1 August 1999 was treated as revenue expenditure and allowed in full, because only capital expenditure falls within section 35ABB. Interest on term loans and ESOP-related employee compensation were also deleted as disallowances. Lease charges and ABN Amro interest were remitted for fresh adjudication. Discount or free airtime to distributors attracted TDS under section 194H, so the corresponding disallowance under section 40(a)(ia) was sustained. Roaming charges were remanded for factual verification. Non-refundable security deposits were not taxed on receipt, and the transfer pricing adjustments for voice traffic and inter-corporate deposits were deleted. en-us Tue, 11 Mar 2014 00:00:00 +0530 Thu, 02 Jul 2026 11:17:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245043 Variable licence fee paid on a revenue-sharing basis after 1 August 1999 was treated as revenue expenditure and allowed in full, because only capital expenditure falls within section 35ABB. Interest on term loans and ESOP-related employee compensation were also deleted as disallowances. Lease charges and ABN Amro interest were remitted for fresh adjudication. Discount or free airtime to distributors attracted TDS under section 194H, so the corresponding disallowance under section 40(a)(ia) was sustained. Roaming charges were remanded for factual verification. Non-refundable security deposits were not taxed on receipt, and the transfer pricing adjustments for voice traffic and inter-corporate deposits were deleted. Case-Laws Income Tax Tue, 11 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245043