Value of taxable banking transaction :
Section – 96 . The value of taxable banking transaction shall be,—
( i) in respect of taxable banking transaction referred to in sub-clause ( a) of clause (8) of section 94, the amount of cash withdrawn;
( ii) in respect of taxable banking transaction referred to in sub-clause ( b) of clause (8) of section 94, the amount of cash received on encashment of term deposit or deposits.