04-04-2011, 08:32 PM
Today I went to bank to deposit money in same bank' s different branch and I was shocked to know that Bank is Charging new with holding Tax On Cash deposit in excess of 25,000,,,Then I came and open the Tax then I found Section 232 (1) (B) on Withholding Tax....Kindly some one can tell me any other detail of this tax or Sec 232