https://www.taxtmi.com/news?id=21926 Section 194N imposes TDS on cash payments by banking companies, cooperative banks, or post offices where aggregate cash withdrawals by a recipient exceed the annual threshold; the provision takes effect from 1 September 2019. Withdrawals before the effective date are not subject to TDS, but the annual threshold is measured from 1 April 2019, so cumulative withdrawals up to 31 August 2019 count toward triggering TDS on subsequent withdrawals once the section is in force. en-us Sat, 31 Aug 2019 09:47:48 +0530 Sat, 31 Aug 2019 09:47:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21926 Section 194N imposes TDS on cash payments by banking companies, cooperative banks, or post offices where aggregate cash withdrawals by a recipient exceed the annual threshold; the provision takes effect from 1 September 2019. Withdrawals before the effective date are not subject to TDS, but the annual threshold is measured from 1 April 2019, so cumulative withdrawals up to 31 August 2019 count toward triggering TDS on subsequent withdrawals once the section is in force. News - Sat, 31 Aug 2019 09:47:48 +0530 https://www.taxtmi.com/news?id=21926