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of <h1>Income Tax Act: Prescribed Electronic Modes for Compliance with Sections 40A(3), 269SS, 269ST, 269SU, and 269T</h1> Prescribed electronic modes for compliance with Sections 40A(3), 269SS, 269ST, 269SU, and 269T of the Income Tax Act include Credit Card, Debit Card, Net Banking, IMPS (Immediate Payment Service), UPI (Unified Payment Interface), RTGS (Real Time Gross Settlement), NEFT (National Electronic Funds Transfer), and BHIM (Bharat Interface for Money) Aadhaar Pay. These modes facilitate non-cash transactions and help in adhering to the limits on cash transactions as outlined in the Income Tax guidelines.
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