Prescribed electronic payment modes include cards, net banking, IMPS, UPI, RTGS/NEFT and BHIM Aadhaar Pay for cash-limit compliance. Prescribed electronic modes for compliance with statutory cash-payment limits are credit card, debit card, net banking, IMPS, UPI, RTGS, NEFT and BHIM Aadhaar Pay, and payments by these methods satisfy the non-cash requirement under the relevant tax provisions.
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Provisions expressly mentioned in the judgment/order text.
Prescribed electronic payment modes include cards, net banking, IMPS, UPI, RTGS/NEFT and BHIM Aadhaar Pay for cash-limit compliance.
Prescribed electronic modes for compliance with statutory cash-payment limits are credit card, debit card, net banking, IMPS, UPI, RTGS, NEFT and BHIM Aadhaar Pay, and payments by these methods satisfy the non-cash requirement under the relevant tax provisions.
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