To ensure filing of return by these persons and to keep track on cash withdrawals by non-filers, and to curb black money, the Finance Act, 2020 with effect from July 1, 2020, further amended I-T Act, 1961, to lower the threshold of cash withdrawal to Rs 20 lakh for the applicability of TDS for non-filers.source https://economictimes.indiatimes.com/industry/banking/finance/banking/income-tax-dept-launches-functionality-for-banks-to-check-itr-filing-status-of-entities/articleshow/77895077.cms
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