https://www.taxtmi.com/notifications?id=119398 No deduction of tax under Chapter XVII shall be made on specified payments when such payment is made to a bank listed in the Second Schedule to the Reserve Bank of India Act (excluding a foreign bank) or to a payment systems company authorised under the Payment and Settlement Systems Act; the specified payments include bank guarantee commission, cash management service charges, depository charges for DEMAT accounts, warehousing service charges for commodities, underwriting service charges, clearing charges (including interchange or similar settlement fees), and credit or debit card commission between merchant establishments and acquirer banks. en-us Fri, 17 Jun 2016 00:00:00 +0530 Tue, 28 May 2019 13:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=119398 No deduction of tax under Chapter XVII shall be made on specified payments when such payment is made to a bank listed in the Second Schedule to the Reserve Bank of India Act (excluding a foreign bank) or to a payment systems company authorised under the Payment and Settlement Systems Act; the specified payments include bank guarantee commission, cash management service charges, depository charges for DEMAT accounts, warehousing service charges for commodities, underwriting service charges, clearing charges (including interchange or similar settlement fees), and credit or debit card commission between merchant establishments and acquirer banks. Notifications Income Tax Fri, 17 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/notifications?id=119398