W.e.f. 01/04/2017, penalty is applicable on Cash withdra from Bank for Rs. 2 Lakhs and above. In this regards, if i withdraw cash from my own two banks more than 2 lakhs, say 1.50 L from each bank then is it violation of section 269ST or not.
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Cash withdrawal from bank
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" if i withdraw cash from my own two banks more than 2 lakhs, say 1.50 L from each bank then is it violation of section 269ST or not."
No
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