TDS ON CASH WITHDRAWL


This query is : Resolved 

(Querist)
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. .

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



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