Which of the following payments, made to a bank, listed in Second Schedule of The Reserve Bank of India Act, shall not be liable for deduction of TDS?

a) Bank guarantee Commission
b) Underwriting service charges
c) Depository charges for DEMAT accounts
d) All of the above

The correct answer to the quiz is option d) All of the above. Most of you have answered this quiz correctly and we thank you for the amazing response to our quiz series.

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