https://www.taxtmi.com/caselaws?id=783634 Section 35ABB applies only to capital expenditure for acquiring a right to operate telecommunication services, and does not extend to DTH broadcasting activity; the variable licence fee, being a recurring payment linked to revenue and renewal terms, was therefore allowable as revenue expenditure under section 37(1). A contractual interest liability on delayed licence fee, where the rate and basis of computation were fixed and the assessee followed the mercantile system, was treated as an ascertained and measurable obligation rather than a contingent claim; the provision was therefore deductible under section 37(1). en-us Fri, 12 Dec 2025 00:00:00 +0530 Wed, 17 Dec 2025 17:13:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=783634 Section 35ABB applies only to capital expenditure for acquiring a right to operate telecommunication services, and does not extend to DTH broadcasting activity; the variable licence fee, being a recurring payment linked to revenue and renewal terms, was therefore allowable as revenue expenditure under section 37(1). A contractual interest liability on delayed licence fee, where the rate and basis of computation were fixed and the assessee followed the mercantile system, was treated as an ascertained and measurable obligation rather than a contingent claim; the provision was therefore deductible under section 37(1). Case-Laws Income Tax Fri, 12 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=783634