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Sec 194N threshold limit

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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?
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On 03 July 2023 at 22:02 Report
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SEO Sai Gr. Hosp.
211596 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
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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?
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On 04 July 2023 at 00:32
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"Do the Right Thing...!!!"
128147 Points Posted on 04 July 2023
No matters for number of bank account. limit is consolidated. Not for separate.
463 Reply
On 04 July 2023 at 05:18
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Profession Business
28198 Points Posted on 04 July 2023
Sec 194 N IS NOT SPECIFICALLY FOR INDIVIDUALS
44 Reply
On 04 July 2023 at 08:03
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146 Points Posted on 04 July 2023
Is
it correct Mr Sabyasachi Mukherjee,????????
1 Reply
On 04 July 2023 at 09:34


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