We've upgraded AI Search on TaxTMI with two powerful modes:
1. Basic • Quick overview summary answering your query with references• Category-wise results to explore all relevant documents on TaxTMI
2. Advanced • Includes everything in Basic • Detailed report covering: - Overview Summary - Governing Provisions [Acts, Notifications, Circulars] - Relevant Case Laws - Tariff / Classification / HSN - Expert views from TaxTMI - Practical Guidance with immediate steps and dispute strategy
• Also highlights how each document is relevant to your query, helping you quickly understand key insights without reading the full text.Help Us Improve - by giving the rating with each AI Result:
Electronic payment modes expand permitted payment under the income-tax provision by adding prescribed electronic methods alongside bank accounts. Amendment substitutes the words 'bank account' in clause (1), second proviso of section 43 with 'bank account or through such other electronic mode as may be prescribed,' broadening permissible payment channels to include prescribed electronic modes alongside bank accounts, effected by the Finance (No. 2) Act, 2019 and given an effective commencement date.
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.
<h1>Electronic payment modes expand permitted payment under the income-tax provision by adding prescribed electronic methods alongside bank accounts.</h1> Amendment substitutes the words 'bank account' in clause (1), second proviso of section 43 with 'bank account or through such other electronic mode as may be prescribed,' broadening permissible payment channels to include prescribed electronic modes alongside bank accounts, effected by the Finance (No. 2) Act, 2019 and given an effective commencement date.
TaxTMI 
• Category-wise results to explore all relevant documents on TaxTMI
Help Us Improve - by giving the rating with each AI Result:
TaxTMI 
TaxTMI 
