The Central Board of Direct Taxes ( CBDT ) has notified that, Tax Deduction at Source ( TDS ) under Section 194N of the Income Tax Act, 1961 is not applicable on cash withdrawal for forex authorised dealers and full-fledged money changers licensed by the Reserve Bank of India ( RBI ). The exemption is […]
The post No TDS on Cash Withdrawal u/s 194N for Forex Authorised dealers & Full-Fledged Money Changers: CBDT appeared first on Taxscan | Simplifying Tax Laws.
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