17 April 2012
No such charges will be their. But it may be depending on the terms and conditions of the bank. So better to approach your bank and ask then is any charges for such type transaction. I think their will not be any such type charges in present days at any bank.
And in the case of any audit issue or others utilization of the amount is very important. So you have to prove the expenditure of the amount even though it is Rs.1,000 or less if any query call back from AO or Department.
17 April 2012
any amount withdrawal no charges taken by bank... for tax purpose when any query arise than u are able to reply that amount withdrwals from the bank a/c where that amount use.. also agree with above reply.. on withdrawal no tax issue arise that time..
CAclubindia
