https://www.taxtmi.com/caselaws?id=299017 Quarterly payments made under the telecom policy were treated as revenue expenditure, not capital expenditure, because the court applied the binding precedent in Bharti Hexacom Ltd. to hold that such payments are deductible in computing income and do not qualify only for depreciation. The appellate view treating the outlay as revenue was affirmed, and the revenue's contention was rejected, leaving no substantial question of law. en-us Mon, 07 Nov 2016 00:00:00 +0530 Wed, 01 Dec 2021 08:49:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299017 Quarterly payments made under the telecom policy were treated as revenue expenditure, not capital expenditure, because the court applied the binding precedent in Bharti Hexacom Ltd. to hold that such payments are deductible in computing income and do not qualify only for depreciation. The appellate view treating the outlay as revenue was affirmed, and the revenue's contention was rejected, leaving no substantial question of law. Case-Laws Income Tax Mon, 07 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299017