CBDT Grants Exemption from TDS on the Payments of Certain Categories to Mitigate Compliance Burden on Businesses Held by Individuals, Firms or Corporate Etc Who are Using the Financial Services Offered by Banks https://www.taxtmi.com/news?id=4490 Notification under section 197A(1F) exempts TDS on specified payments to banks listed in the Second Schedule (excluding foreign banks) effective 1 January 2013, covering bank guarantee commission, cash management service charges, depository charges for Demat account maintenance, warehousing charges for commodities, underwriting service charges and credit/debit card commission between merchant establishments and acquirer banks. en-us Fri, 04 Jan 2013 17:54:37 +0530 Fri, 04 Jan 2013 17:54:37 +0530 TaxTMI RSS Generator CBDT Grants Exemption from TDS on the Payments of Certain Categories to Mitigate Compliance Burden on Businesses Held by Individuals, Firms or Corporate Etc Who are Using the Financial Services Offered by Banks https://www.taxtmi.com/news?id=4490 Notification under section 197A(1F) exempts TDS on specified payments to banks listed in the Second Schedule (excluding foreign banks) effective 1 January 2013, covering bank guarantee commission, cash management service charges, depository charges for Demat account maintenance, warehousing charges for commodities, underwriting service charges and credit/debit card commission between merchant establishments and acquirer banks. News - Fri, 04 Jan 2013 17:54:37 +0530 https://www.taxtmi.com/news?id=4490