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Income Tax Department Clarifies On Cash Withdrawal From Banks, Post Offices
NDTV New Delhi: Ban on cash transactions in excess of Rs. 2 lakh will not be applicable to withdrawals from banks and Post Office savings accounts, the Income Tax Department said on Wednesday. Through the Finance Act 2017, the government has banned cash … Rs 2 lakh limit not applicable for bank, post office savings accounts withdrawals, says CBDT No ban on cash transactions at banks, post office savings bank Rs 2 lakh cash transaction limit not applicable on bank withdrawals: clarifies IT |
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