https://www.taxtmi.com/caselaws?id=179087 The appellate tribunal ruled in favor of the assessee, allowing the deduction under section 35ABB for variable license fees paid to the Department of Telecommunication. The tribunal held that the revenue share license fee should be treated as a revenue expenditure, following precedents from previous cases. The tribunal directed the Assessing Officer to delete the addition made to the assessee's income and allowed the variable revenue share license fee as a deductible expense. The appeal by the AO was dismissed, affirming the eligibility of the assessee for the deduction, with the decision issued on 20th November 2012. en-us Tue, 20 Nov 2012 00:00:00 +0530 Thu, 01 Jun 2017 18:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179087 The appellate tribunal ruled in favor of the assessee, allowing the deduction under section 35ABB for variable license fees paid to the Department of Telecommunication. The tribunal held that the revenue share license fee should be treated as a revenue expenditure, following precedents from previous cases. The tribunal directed the Assessing Officer to delete the addition made to the assessee's income and allowed the variable revenue share license fee as a deductible expense. The appeal by the AO was dismissed, affirming the eligibility of the assessee for the deduction, with the decision issued on 20th November 2012. Case-Laws Income Tax Tue, 20 Nov 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179087