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Section 194N APPLICABILITY

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(Querist)
21 September 2019 Does cash withdrawal above Rs.1 crore through a bearer cheque attracts TDS U/S.194N
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Gokul Sharma

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Gokul Sharma (Expert)
21 September 2019 As long as the recipient and the account holder are not the same, and the cash payment is through bearer cheques, then TDS will not be deducted.

https://www.saraltds.com/blogs/tds-section-194n/

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