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        Direct Taxes

        Para 11 - Payment options

        Electoral Bond Scheme, 2018

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        Payment methods for electoral bonds require specified instruments and account debits for valid purchase authorization. Payment for electoral bonds must be in Indian rupees and may be by demand draft, cheque, Electronic Clearing System transfer, or direct debit; cheques and demand drafts must be drawn in favour of the issuing bank at the place of issue.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Payment methods for electoral bonds require specified instruments and account debits for valid purchase authorization.

                                Payment for electoral bonds must be in Indian rupees and may be by demand draft, cheque, Electronic Clearing System transfer, or direct debit; cheques and demand drafts must be drawn in favour of the issuing bank at the place of issue.


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