Single time Cash withdrawal

This discussion addresses the possibility of withdrawing a large sum of cash, specifically 15 Lakhs, for a wedding. Participants confirm that it's generally possible, especially if you regularly file Income Tax Returns (ITR). While there are TDS implications (Section 194N) for withdrawals above certain thresholds (Rs. 20 lakhs for regular ITR filers), withdrawing 15 Lakhs is usually manageable. Suggestions include spreading the withdrawal over several days or using multiple accounts to avoid potential issues and ensure smooth transactions.