License Fees Pre-August 1999 as Capital; Post-August 1999 as Revenue Expenditure Per DOT Guidelines. https://www.taxtmi.com/highlights?id=53947 Addition on account of licence fee paid to DOT - if any expenditure on account of licence fee was payable up to 31.07.1999, it should be treated as capital expenditure and the licence fee on revenue sharing basis after 01.08.1999 should be treated as revenue in nature. en-us Wed, 08 Jul 2020 11:46:56 +0530 Wed, 08 Jul 2020 11:46:56 +0530 TaxTMI RSS Generator License Fees Pre-August 1999 as Capital; Post-August 1999 as Revenue Expenditure Per DOT Guidelines. https://www.taxtmi.com/highlights?id=53947 Addition on account of licence fee paid to DOT - if any expenditure on account of licence fee was payable up to 31.07.1999, it should be treated as capital expenditure and the licence fee on revenue sharing basis after 01.08.1999 should be treated as revenue in nature. Highlights Income Tax Wed, 08 Jul 2020 11:46:56 +0530 https://www.taxtmi.com/highlights?id=53947