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
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Price inclusive or exclusive of GST while made entry in P& L Account
- TDS on Complimentary "Desi Ghee and Gold Coin" Provided to KBC Contestants
- Applicability of GST on Salary Reimbursement Component
- Tds on commission charges
- Need Professional Opinion AY 2012-13 Old Demand
- Withdrawal in cash from partners capital account by partner
- Dep. as per companies act
- TDS on TRUST
- Salary from Qatar in Dollars in India
- Change Of Karta In Case of Death
- Minimum tax payable to file Updated return
- GST ISSUE OF INPUT AND OUTPUT GST
- Tax rate change regarding
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
Quick Links
ARTICLESHIP
07 September 2026
Article/ Paid Assistant
Murali and Sumeet Chartered Accountant
Bengaluru
CA Foundation
View Details
ARTICLESHIP
30 September 2026
CA Article Assistant
CA Suraj Garg & Associates
New Delhi
CA Final
View Details
ARTICLESHIP
04 September 2026
Accounts Executive
Hema Yashwanth & Associates
Chennai
B.Com
View Details
Featured
12 September 2026
Assistant Manager - Finance & Compliance
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
CCI
Pro
CAclubindia
