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
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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.