TDS on Cash Withdrawals 2026: Excess vs. Entire Amount

Chaitra Seetharam , Last updated: 08 July 2026 Share Follow on Google News

Overview From 1 April 2026, TDS on cash withdrawals undergoes a major change - the new Section 393 under Income-tax Act, 2025 replaced the earlier Section 194N. Under the new Act if withdrawal limit is crossed, then TDS will apply on the entire cash withdrawal amount instead of only the amount exce

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About the Author

Chaitra Seetharam

Finance Professional

I write on Income Tax, TDS, ITR filing, banking rules, investment schemes, and financial law updates in India. My articles simplify complex tax provisions, compliance requirements, and policy changes to help taxpayers, professionals, senior citizens, and businesses stay informed and financially aware.

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