https://www.taxtmi.com/highlights?id=42535 Expenditure on licence fee - One time fee - Since the expenditure was incurred before the commencement of business, the expenditure required to be capitalized in respect of relevant asset and allow the depreciation or the same should be amortized as per section 35D of the Act en-us Thu, 08 Nov 2018 11:37:51 +0530 Thu, 08 Nov 2018 11:37:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=42535 Expenditure on licence fee - One time fee - Since the expenditure was incurred before the commencement of business, the expenditure required to be capitalized in respect of relevant asset and allow the depreciation or the same should be amortized as per section 35D of the Act Highlights Income Tax Thu, 08 Nov 2018 11:37:51 +0530 https://www.taxtmi.com/highlights?id=42535