194NF IN TDS SCHEDULE


This query is : Resolved 

Quick Summary
This discussion clarifies the correct income head for TDS under section 194NF when filing an income tax return. It highlights that if the TDS was deducted due to cash withdrawal from a bank, the correct section is likely 194N, not 194NF. The advice is to ask the bank to rectify the mistake if they have incorrectly reported it under 194NF.

08 December 2024 Dear Sirs/Madam
In which head Income TDS of 194NF should show ? while filing income tax return the file validation needs to confirm income head of TDS
Request to guide

09 December 2024 Select 'OS' ....

10 December 2024 THANKS RESPECTED SIR FOR GUIDE , BUT ITS DEDUCTED DUE TO CASH WITHDRAW FROM BANK, THEY SHOWN THE SECTION.

10 December 2024 If it is reported by Bank for cash withdrawal, then the correct section should be 194N & not 194NF. Ask bank to rectify the mistake.


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