Student
3986 Points
Joined July 2018
1. Per bank is considered. As it would be wise to see here that one bank cannot track or ask the customer how much you have withdrawn from other banks to check the limit of Rs. 1 crore for the purpose of deduction of TDS u/s 194N @ 2% of the amount in excess of Rs. 1 crore.
2. Only the bank in which he is withdrawing cash more than Rs. 1 crore will come within the purview of sec 194N.
Please correct me if the above solution has an alternative view.