https://www.taxtmi.com/caselaws?id=416903 The Tribunal dismissed all three appeals by the Revenue for AYs 2011-12, 2013-14, and 2014-15, upholding that the license fee paid for telecommunication spectrum and its annual extension should be treated as revenue expenditure, not capital expenditure. The Tribunal relied on judicial precedents and the case facts, emphasizing that the fees facilitated trading operations without creating a capital asset. en-us Fri, 31 Dec 2021 00:00:00 +0530 Tue, 11 Jan 2022 08:35:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416903 The Tribunal dismissed all three appeals by the Revenue for AYs 2011-12, 2013-14, and 2014-15, upholding that the license fee paid for telecommunication spectrum and its annual extension should be treated as revenue expenditure, not capital expenditure. The Tribunal relied on judicial precedents and the case facts, emphasizing that the fees facilitated trading operations without creating a capital asset. Case-Laws Income Tax Fri, 31 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416903