Amortization of spectrum fee for purchase of spectrum - Section 35ABA

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.... assessee for acquiring any right to use spectrum for telecommunication services either before the commencement of the business or thereafter at any time during any previous year and for which payment has been actually made to obtain a right to use spectrum, a deduction equal to the appropriate fraction of the amount of such expenditure shall be allowed for such relevant previous years. Amount of....

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....ituations Tax Treatment * Entire telecommunication spectrum is transferred i. When sale consideration is less than WDV WDV minus sale consideration is allowed as deduction under section 35ABB in the year of sale. ii. When sale consideration is more than WDV The excess of sale consideration over WDV is taxable as business income in the year of sale. When a part of telecommunication spectru....