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        Direct Taxes

        Para 11 - Payment Options

        Sovereign Gold Bond Scheme 2021-22 (starting from Series VII)

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        Payment in Indian Rupees accepted for sovereign gold bonds by cash (subject to limit), cheque, draft or electronic transfer. Payments for the Sovereign Gold Bond Scheme 2021-22 (from Series VII) must be made in Indian Rupees and may be effected by cash (subject to a specified upper limit), demand draft, cheque, or electronic banking; cheques and demand drafts must be drawn in favour of the Receiving office.
                          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 in Indian Rupees accepted for sovereign gold bonds by cash (subject to limit), cheque, draft or electronic transfer.

                                Payments for the Sovereign Gold Bond Scheme 2021-22 (from Series VII) must be made in Indian Rupees and may be effected by cash (subject to a specified upper limit), demand draft, cheque, or electronic banking; cheques and demand drafts must be drawn in favour of the Receiving office.


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