Tds dedcution for firm ?

if a partnership firm withdraw cash from bank and paid to farmers
so tds will be dudcted by bank or not
because goverment given relief from tds if payment made to farmers
Replies (2)
Quick Summary
This discussion explores whether a partnership firm needs to deduct TDS when withdrawing cash from a bank to pay farmers. It touches upon the government's relief from TDS for payments made to farmers and the requirement to submit a declaration to the bank to avail this exemption. The query also seeks clarification on any changes to these rules since July 1, 2020.

Submit declaration to bank to avail exemption from the bank
Is there changes made in this rule from 01/07/2020 ??

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