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Mode of payment expanded to include prescribed electronic modes, broadening the payment mechanisms under section 269SS. The amendment substitutes the requirement to receive payments into a bank account with receipt into a bank account or through such other electronic mode as may be prescribed, thereby authorising prescribed electronic modes as valid mechanisms for payment under section 269SS.
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<h1>Mode of payment expanded to include prescribed electronic modes, broadening the payment mechanisms under section 269SS.</h1> The amendment substitutes the requirement to receive payments into a bank account with receipt into a bank account or through such other electronic mode as may be prescribed, thereby authorising prescribed electronic modes as valid mechanisms for payment under section 269SS.