Accountancy, asked by snghdivyanshu2625, 6 months ago

cash withdraw rs 50000 from bank​

Answers

Answered by Hemalathajothimani
9

Explanation:

Banking cash transaction tax

The tax was payable by individuals and Hindu Undivided Family (HUF) if they withdrew cash over Rs 50,000 on a single day from a bank account other than savings bank account. It was fixed at 0.1 per cent on cash withdrawals from bank.

Answered by Anonymous
6

Answer:

The above answer is absolutely right dear.....

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