When will the tds duduct by bank

Yes, it will be deducted @ 2% on the amount withdrawn.

please read the full question

Yes, the answer is same...

Yes TDS @ 2% u/s 194N of the Income Tax Act 1961 will be deducted if your CASH WITHDRAWAL from Banks and Post Offices exceeds Rs. 1 Crore.

In order to discourage cash transactions and move towards less cash economy, a new Section 194N has been proposed to be inserted in the Income-tax Act. As per this new provision, tax shall be deducted by a banking company or co-op. bank or post office at the rate of 2% from the amount withdrawn in cash from any account (saving or current account) if the aggregate of the amount of withdrawal exceeds Rs. 1 crore during the year.

This Section ( 194N ) will be applicable w.e.f 01.10.2019 ( 1st SEPTEMBER 2019 ).

Warm Regards.