CBDT advises banks to refund charges collected if any on electronic transactions under 269SU

Last updated: 31 August 2020

The CBDThas issued a circular with respect to Section 269SU of the Income Tax Act. As per the circularbanks areadvised to immediately refund the charges collected, if any, on or after 15th January 2020 on transactions carried out using the electronic modes prescribed under section 269SU of the IT Ac

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