Tds
This query is : Resolved
Abhijeet Vairagkar
(Querist)
28 November 2019
I added regular customer AC of money transfer to my netbanking. He will daily transfer of rs above 40000. Due to aadd beneficiary I didn't pay any charge. So Can daily transfer of funds leads to deduct TDS
Gokul Sharma
(Expert)
28 November 2019
there is no provision of tds on account to account transfer of money. there is provision for tds on cash withdrawal read sec 194N
make sure trf to money in connection of business to be done in current account.
make sure trf to money in connection of business to be done in current account.
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