banner_ad

Sec 194N threshold limit

397 views 5 replies
User Avatar

1359 Points Posted on 03 July 2023
threshold limit of sec 194N is of per bank account or aggregate withdrawal from all the bank account ? like if assessee have 3 bank account does the threshold limit is 3 crore?
1 Reply Share Follow
On 03 July 2023 at 22:02 Report
Replies (5)
User Avatar

SEO Sai Gr. Hosp.
211708 Points Posted on 03 July 2023

It is per holder/PAN per bank (all branches), including all accounts.

581 Reply
On 03 July 2023 at 23:19
User Avatar

1359 Points Posted on 04 July 2023
If assessee have one account in sbi and one in icici then what will be the threshold limit?
1 Reply
On 04 July 2023 at 00:32
User Avatar

"Do the Right Thing...!!!"
128152 Points Posted on 04 July 2023
No matters for number of bank account. limit is consolidated. Not for separate.
464 Reply
On 04 July 2023 at 05:18
User Avatar

Profession Business
28207 Points Posted on 04 July 2023
Sec 194 N IS NOT SPECIFICALLY FOR INDIVIDUALS
44 Reply
On 04 July 2023 at 08:03
User Avatar

146 Points Posted on 04 July 2023
Is
it correct Mr Sabyasachi Mukherjee,????????
1 Reply
On 04 July 2023 at 09:34


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topic

More recent discussions | Post

Related Topics
Loading

Latest Job Openings

View all
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
11 May 2026
AUDIT INTERN

M/S K.K.KHANNA AND COMPANY

Noida

CA Foundation

View Details