TDS on cash withdrawal in India

Manish Mehra , Last updated: 22 May 2021  
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With effect from Finance Act 2019, section 194N has comeinto existence, which has imposed TDS liability on Payer when any cash payment exceeding Rs. 1 crore is made (individually or in aggregate) during the financial year to Payee. Rate of TDS 2% Payer Banking company Co-operati

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Published by

Manish Mehra
(Ex-Banker)
Category Income Tax   Report

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