Deep analysis of Sec 194N - TDS on cash withdrawal exceeding 1 crore

Shrikant Toshniwal , Last updated: 05 August 2019  
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INTRODUCTION The Finance Ministry in order to discourage cash transactions and move towards less cash economy, it is proposed to insert a new section 194N in the Act to provide for levy of TDS at the rate of two per cent on cash payments in excess of one crore rupees in aggregate made during the

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Published by

Shrikant Toshniwal
(TAX CONSULTANT)
Category Income Tax   Report

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