TaxTMI Login
Just a moment...
AI-powered research trained on the authentic TaxTMI database.
Launch AI Search →Powered by Weblekha - Building Scalable Websites
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
All Acts & Rules
of Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of Press 'Enter' after typing page number.
<h1>Mode of Acceptance of Loans restricted to account payee and electronic methods for sums above threshold with exceptions.</h1> No person shall accept from another any loan, deposit or specified sum except by account payee cheque, account payee bank draft, electronic clearing through a bank account or other prescribed electronic mode when the amount or aggregate amount (including earlier unpaid amounts from the same depositor) is twenty thousand rupees or more; exemptions include the Government, banking companies, post office savings banks, co operative banks, statutory corporations, Government companies, notified institutions and transactions where both parties have only agricultural income and no taxable income, with a higher threshold for certain primary agricultural credit institutions.
TaxTMI 
TaxTMI 
