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expenditure or capital expenditure which is required to be amortized under Section 35ABB of the Income Tax Act, 1961 (Act, for short ... very outset, we would like to reproduce Section 35ABB, which reads: "35ABB.(1) In respect of any expenditure, being in the nature of capital

which expenditure was claimed, was disallowed by the AO, under Section 35ABB. The relevant discussion by the Assessing Officer is as follows ... over a period of 17 years as per the provisions u/s 35ABB. Accordingly, the licence fees amounting

license fee, could not be amortised in view of Section 35ABB of the Income Tax Act. ITA 799/2014 & conn. Page 1 In other ... revenue expenditure. (ii) Capital expenditure will qualify for deduction as per Section 35ABB of the Act. 48. The appeal ITA No. 417/2013