https://www.taxtmi.com/highlights?id=25172 TDS liability on forfeiture of advance security against rent - When assessee made the payment of refundable security, as per circular, he was not supposed to deduct the tax at source. The security was paid in order to cover such type of unforeseen circumstances. - No TDS liability - Allowed as revenue expenditure - HC en-us Wed, 07 Oct 2015 17:21:47 +0530 Wed, 07 Oct 2015 17:21:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=25172 TDS liability on forfeiture of advance security against rent - When assessee made the payment of refundable security, as per circular, he was not supposed to deduct the tax at source. The security was paid in order to cover such type of unforeseen circumstances. - No TDS liability - Allowed as revenue expenditure - HC Highlights Income Tax Wed, 07 Oct 2015 17:21:47 +0530 https://www.taxtmi.com/highlights?id=25172