CBDT directs banks to refund charges collected on electronic transactions carried over modes prescribed u/s 269SU

The Central Board of Direct Taxes (CBDT) has directed banks to immediately refund the charges collected, if any, on or after 01-01-2020 on transactions carried out using the electronic modes prescribed under section 269SU of the Income-tax Act. Further, they are advised not to impose charges on any future transactions carried through the said prescribed modesThe Central Board of Direct Taxes (CBDT) has directed banks to immediately refund the charges collected, if any, on or after 01-01-2020 on transactions carried out using the electronic modes prescribed under section 269SU of the Income-tax Act. Further, they are advised not to impose charges on any future transactions carried through the said prescribed modestaxmann.com Latest Statutory HappeningsRead More

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