Cash Withdrawal Exemption: Transactions Over Rs. 2 Lakh from Banks or Post Offices Not Restricted by Income-tax Act Sections 269ST, 271DA.

The restriction on cash transaction (an amount of two lakh rupees or more) shall not apply to withdrawal of cash from a bank, co-operative bank or a post office savings bank - Sections 269ST & 271DA to the Income-tax Act. .....

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