limit for cash withdrawal from current account to attract TDS.
Tds will be on excess limit amoint or on the whole amount.
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Cashwithdrawal from current acc2
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The limit of Rs 1 crore in a financial year is with respect to per bank or post office account and not a taxpayer's individual account. For example, a person having three bank accounts with three different banks, he can withdraw cash of Rs 1 crore * 3 = Rs 3 crores without any TDS
You cannot pay cash 10000 rupees or more in a single day otherwise it will be disallowed.
You cannot repay loan in cash other than online mode of payment 200000 rupees or more u/s 269SS otherwise it will be disallowed
You cannot pay cash 10000 rupees or more in a single day otherwise it will be disallowed.
You cannot repay loan in cash other than online mode of payment 200000 rupees or more u/s 269SS otherwise it will be disallowed
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