https://www.taxtmi.com/circulars?id=5087 Payments under the Tatkal Telephone Deposit Scheme that constitute a non interest, not fully refundable deposit may be allowed as revenue expenditure and deducted in the year of payment; any portion later refunded on surrender or otherwise must be treated as the assessee's income in the year of refund and brought to tax. en-us Wed, 27 Oct 1993 00:00:00 +0530 Sat, 09 Aug 2008 13:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=5087 Payments under the Tatkal Telephone Deposit Scheme that constitute a non interest, not fully refundable deposit may be allowed as revenue expenditure and deducted in the year of payment; any portion later refunded on surrender or otherwise must be treated as the assessee's income in the year of refund and brought to tax. Circulars Income Tax Wed, 27 Oct 1993 00:00:00 +0530 https://www.taxtmi.com/circulars?id=5087