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Can TDS Amount Be Increased or Reduced As Per Whims & Fancies Of Deductor?

April 26, 2017deductor fancies increased reduced TDS WHIMS

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Can TDS Amount Be Increased or Reduced As Per Whims & Fancies Of Deductor?

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Posted on Saturday May 30th, 2009 at 22:49 in TDS, psu Our client is an insurance company (PSU). The company had taken a premise on rent in New Delhi since 1996-97. The PSU had enhanced rent twice during the FY 2004-05 w.e.f. March 2003. The company had deducted TDS on such enhancement during the year 20…