Rule 41: where an assessee has opted and been allowed by the Department of Telecommunications, Government of

Bare law

Rule 41 - where an assessee has opted and been allowed by the Department of Telecommunications, Government of India to make full u

41. (1) For the purposes of section 52(7)(a) read with section 52(1) [Table: Sl. No. 3], the term "actually paid" shall mean,— (a) where an assessee has opted and been allowed by the Department of Telecommunications, Government of India to make full upfront payment of spectrum fee, the actual payment of expenditure, irrespective of the tax year in which the liability for the expenditure was incurred, according to the method of accounting regularly employed by the assessee; or (b) where an assess

Special provision regarding interest on bad and doubtful debt of specified financial institution.

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