The profit or loss on the sale of a telecom license is taxed as capital
AMOUNT OF DEDUCTION SEC.35ABB
Section 35ABB of the Income Tax Act, 1961 allows a deduction for expenditure incurred for
CONDITIONS
Section 35ABB of the Income Tax Act, 1961 allows a deduction for expenditure incurred for
AMORTISATION OF TELECOM LICENSE FEE [SEC.35ABB]
Section 35ABB of the Income Tax Act, 1961 allows a deduction for the amortization of
EXPENSES ON IN A HOUSE RESEARCH DEVLOPMENT [SEC.(2AB)]
Section 35(2AB) of the Income Tax Act, 1961 allows a weighted deduction of 150% of
AMOUNT TO AN APPROVED SCIENTIFIC RESEARCH COMPANY [SEC.35(1)]
The amount approved for a scientific research company under section 35(1) of the Income Tax
AMENDMENTS APPLICABLE FROM APRIL1,2021
There are a number of amendments to the Companies Act, 2013 that are applicable from