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prasanth (ipcc)     19 June 2021

TDS u/s 194N on IMPS

whether tds u/s 194N applies on IMPS transaction holders

 3 Replies

CMA Poornima Madhava

CMA Poornima Madhava (CMA)     19 June 2021

No, IMPS transactions are not cash transactions.

1 Like

prasanth (ipcc)     19 June 2021

Ok thanku andi

Sourav (Student)     20 June 2021

No, TDS is not applicable on IMPS transactions

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