Dismissing the appeal the Court held that income from sharing fibre cables and cell-sites was income by way of leasing Late fees and reimbursement of cheque dishonour charges received from parties is eligible for deduction. (AY. 2008 -09)
CIT v. Vodafone Mobile Services Ltd. (2019) 414 ITR 276/ 183 DTR 277 / 311 CTR 588 (Delhi)(HC)
S. 80IA : Industrial undertakings–Telecommunication services- Income from sharing fibre cables and cell-sites was income by way of leasing-Late fees and reimbursement of cheque dishonour charges received from parties-Eligible for deduction. [S. 80IA(2A)]