TDS on Cash Withdrawal - Section 194N

Nikhil Kothari , Last updated: 12 April 2024  
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Q1. Why TDS on Cash Withdrawal? A: To discourage cash transaction and promote Digital Economy. Q2. To Whom this section is applicable? A: Any taxpayer including; An Individual A Hindu Undivided Family (HUF) A Company A partnership firm or an LLP A local authority An Asso

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Nikhil Kothari
(CEO at Sequinox Business Advisories)
Category Income Tax   Report

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