Chapter XII-DA - SPECIAL PROVISIONS RELATING TO TAX ON DISTRIBUTED INCOME OF DOMESTIC COMPANY FOR BUY-BACK OF SHARES (From Section 115QA to Section 115QC)
Part C - Procedure for filing of return in respect of fringe benefits, assessment and payment of tax in respect thereof (From Section 115WD to Section 115WM)
Chapter XX-B - REQUIREMENT AS TO MODE OF ACCEPTANCE, PAYMENT OR REPAYMENT IN CERTAIN CASES TO COUNTERACT EVASION OF TAX (From Section 269SS to Section 269TT)
Acceptance of electronic payments required for large businesses to ensure prescribed electronic payment facilities when turnover exceeds threshold. Section 269SU mandates that persons carrying on business must provide facilities to accept payments through prescribed electronic modes, in addition to other electronic payment options, where their total sales, turnover or gross receipts in the preceding year exceed the statutory threshold, creating a mandatory obligation for larger businesses to maintain specified electronic payment infrastructure to promote electronic transactions and counteract tax evasion.
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.
Acceptance of electronic payments required for large businesses to ensure prescribed electronic payment facilities when turnover exceeds threshold.
Section 269SU mandates that persons carrying on business must provide facilities to accept payments through prescribed electronic modes, in addition to other electronic payment options, where their total sales, turnover or gross receipts in the preceding year exceed the statutory threshold, creating a mandatory obligation for larger businesses to maintain specified electronic payment infrastructure to promote electronic transactions and counteract tax evasion.
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