TDS on cash system of Accounting

This discussion clarifies the application of Tax Deducted at Source (TDS) for businesses operating on a cash basis of accounting. While TDS is generally deducted upon payment or credit, whichever comes first, for cash-basis entities, the deduction and payment typically occur at the time of actual payment. It's also noted that cash withdrawals from a bank exceeding £1 crore may be subject to TDS, which is a separate consideration from cash basis accounting itself.