Sunday, July 12, 2020

I-T dept makes new utility for banks, POs to check TDS rate on high value cash withdrawals

The functionality available as "Verification of applicability u/s 194N" on https://ift.tt/1dxxFKf since July 1, 2020, is also made available to the banks through web-services so that the entire process can be automated and be linked to the Bank's internal core banking solution.

from Personal Finance News-Wealth-Economic Times https://ift.tt/38NK7Wz

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