Social Sciences, asked by selenophile7, 3 months ago

According to the latest updates how much Tax Deduction at Source(TDS) will be deducted on cash withdrawals of over Rs 1 crore from September 1, 2019?​

Answers

Answered by runee198
7

Answer:

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Answered by krishna264531
1

Answer:

The payer will have to deduct TDS at the rate of 2% on the cash payments/withdrawals of more than Rs 1 crore in a financial year under Section 194N.

Explanation:

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