No TDS on Withdrawals from Tax-Saving Schemes u/s 80CCA(2)(a) from April 4, 2025: CBDT [Read Notification]

The CBDT announced that no TDS will be deducted on withdrawals by individuals from specified tax-saving schemes under Section 80CCA(2)(a)

By Kavi Priya - On April 5, 2025 2:43 pm - 2 mins read

CBDT - TDS - Tax saving scheme under section 80CCA(2)(a) - TAXSCAN

The Central Board Of Direct Taxes (CBDT) under the Ministry of Finance issued Notification No. 27/2025 dated April 4, 2025, announcing that no tax shall be deducted at source (TDS) under Section 194EE of the Income-tax Act, 1961, on certain withdrawals made by individuals from tax-saving schemes covered under Section 80CCA(2)(a). According to the notification,…

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