S K and Associates

CASH WITHDRAWAL LIMITS•

<span style="font-family: Symbol; font-size: 12.0pt; mso-ascii-font-family: "Times New Roman"; mso-bidi-font-family: "Times New Roman"; mso-bidi-language: HI; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;">·  The Change: The cash
withdrawal TDS rules state you will pay 2% TDS on cash withdrawals
exceeding ₹1 Crore from banks or post offices.

<span style="font-family: Symbol; font-size: 12.0pt; line-height: 107%; mso-ascii-font-family: "Times New Roman"; mso-bidi-font-family: "Times New Roman"; mso-bidi-language: HI; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;">·  Impact: For co-operative societies,
the limit is higher at ₹3 Crores. If you have not filed your Income Tax
Return (ITR) for the past 3 years, the threshold drops significantly to ₹20
Lakhs<img alt="A guide to the Cash withdrawal TDS | Ebizfiling" class="sFlh5c FyHeAf iPVvYb" src="https://ebizfiling.com/wp-content/uploads/2023/03/Your-paragraph-text-11-1.png" style="height: 292px; margin: 0px; max-width: 2160px; width: 557px;" />

CASH WITHDRAWAL LIMITS•

· The Change: The cash withdrawal TDS rules state you will pay 2% TDS on cash withdrawals exceeding ₹1 Crore from banks or post off...

GST Portal auto-calculates interest in Table 5.1 of GSTR-3B

GST Portal auto-calculates interest in Table 5.1 of GSTR-3B for delayed filing and
shows it in the next return period.

Due to a technical glitch, Feb 2026 interest (shown
in March return) may be incorrect as cash ledger balance benefit was not
considered.

Taxpayers can use “Re-compute Interest” option to correct it
and check updated values in the system-generated PDF.

Important: Manually
updated interest should not be less than recomputed amount. <img alt="" height="256" src="https://blogger.googleusercontent.com/img/a/AVvXsEhufp_J1OlkbvPLQ-Dvz7EpJQX4sazTsO3Tl9kuNVyvf6dzdz-4B8Q1gWC9TuKZFPApQNziiSLS08E08LIQVMbasaa-5VDiggG3SUExykJSKIBCRQRQ3mgNdTksczL-sWJof5PYZysiOPHTHyIL_-KWWpmdFN5VHQMu_c5gicDNR77DdMdJu7GyTNA--UNd=w623-h256" width="623" />

GST Portal auto-calculates interest in Table 5.1 of GSTR-3B

GST Portal auto-calculates interest in Table 5.1 of GSTR-3B for delayed filing and shows it in the next return period. Due to a techn...

GST Portal auto-populates the “Tax Liability Breakup

GST
Portal auto-populates the “Tax Liability Breakup, As Applicable” in GSTR-3B for
any interest or tax liability belonging to previous tax period but being
discharged in the current tax period's GSTR-3B. The taxpayers must open the
“Tax Liability Breakup, As Applicable” tab on the payment page and click “SAVE”
within the tab for filing during the current reform cycle.

SK
and Associates

GST Portal auto-populates the “Tax Liability Breakup

GST Portal auto-populates the “Tax Liability Breakup, As Applicable” in GSTR-3B for any interest or tax liability belonging to previous ta...

S K and Associates

CASH WITHDRAWAL LIMITS•

CASH WITHDRAWAL LIMITS•

GST Portal auto-calculates interest in Table 5.1 of GSTR-3B

GST Portal auto-populates the “Tax Liability Breakup

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