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269st

This query is : Resolved 

04 April 2017 Is cash withdrawl from bank more than 200000 covered under 269st for penalty.

04 April 2017 Cash withdrawal from a bank of Rs. 2 Lakh or more is covered under section 269ST

06 April 2017 A press release has been issued. Cash withdrawal from bank is not included under 269ST Below is the link https://www.incometaxindia.gov.in/Lists/Press%20Releases/Attachments/610/Press-Release-on-promoting-Digital-Economy-5-4-2017.pdf



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