TDS ON CASH WITHDRAWL
This query is : Resolved
26 November 2019
Hello all the experts
I have following query
1. From which month cash withdrawl will be calculated for TDS.?
2.whether the law has been applicable now or not.?
THANKS IN ADVANCE. .
I have following query
1. From which month cash withdrawl will be calculated for TDS.?
2.whether the law has been applicable now or not.?
THANKS IN ADVANCE. .
26 November 2019
The proposal of levying TDS at the rate of two per cent on cash withdrawal over Rs 1 crore was announced in the Budget of July 2019 by the Finance Minister. The new law came into effect from September 1, 2019.
Now also the above provision is applicable
Now also the above provision is applicable
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