https://www.taxtmi.com/circulars?id=4652 Circular No. 250 clarifies the application of the income tax rule requiring payments above the cashiering threshold to be made by crossed cheques or crossed bank drafts, and explains how that requirement operates when banks have suspended clearing operations, providing procedural guidance for compliance during interruptions to clearing facilities. en-us Thu, 11 Jan 1979 00:00:00 +0530 Fri, 01 Aug 2008 16:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4652 Circular No. 250 clarifies the application of the income tax rule requiring payments above the cashiering threshold to be made by crossed cheques or crossed bank drafts, and explains how that requirement operates when banks have suspended clearing operations, providing procedural guidance for compliance during interruptions to clearing facilities. Circulars Income Tax Thu, 11 Jan 1979 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4652