https://www.taxtmi.com/highlights?id=58760 Constitutional validity and legality of Section 194N - Deduction of tax at source at the rate of 2% on cash withdrawals from, inter alia, a banking company exceeding ₹ 1 crore in a financial year - Considering the facts, we are inclined to grant an interim order restraining the respondents authorities concerned from deducting tax on source on the basis of the aforesaid provisions of Section 194N till 30th September, 2021. - HC en-us Tue, 13 Jul 2021 18:55:29 +0530 Tue, 13 Jul 2021 18:55:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=58760 Constitutional validity and legality of Section 194N - Deduction of tax at source at the rate of 2% on cash withdrawals from, inter alia, a banking company exceeding ₹ 1 crore in a financial year - Considering the facts, we are inclined to grant an interim order restraining the respondents authorities concerned from deducting tax on source on the basis of the aforesaid provisions of Section 194N till 30th September, 2021. - HC Highlights Income Tax Tue, 13 Jul 2021 18:55:29 +0530 https://www.taxtmi.com/highlights?id=58760