TDS on Cash Withdrawal under Section 194N (Amendment)
Read highlights of The Finance Bill 2020 ( Bill) introduced vide Union Budget 2020-21 TDS @ 2% is required to be deduced on Cash withdrawal exceeds Rs. 20 Lakhs but less than Rs. 1 crore during the previous year by a person from one or more of his bank or post office account, as the case …
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