Sanks are, therefore, advised to immediately refund the bank charges collected, if any, on or after 1" January, 2020 on transactions carried out using the electronic modes prescribed under section 269SU of the IT Act and not to impose charges on any future nsactions carried through the prescribed modes. Circular No. 16/2020 . Dated: 30 August, 2020.
https://www.incometaxindia.gov.in/communications/circular/circular-16-2020.pdf
