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Co-operative societies can now withdraw up to Rs. 3 crore without TDS under revised Section 194N.

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Full Text of the Document

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....Increasing threshold limit for co-operatives to withdraw cash without TDS - No other change in sec. 194N, only new proviso inserted, If cash recipient is a co-operative society then threshold limit will increased from Rs. One crore to Rs. Three crore.....

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