https://www.taxtmi.com/notifications?id=4659 The substituted Rule 6DD enumerates specific circumstances in which payments exceeding twenty thousand rupees may be made otherwise than by account payee cheque or draft without attracting disallowance under the Income-tax Act: payments to specified banks, LIC, and the Government when legal tender is required; use of prescribed banking and electronic instruments; adjustments against liabilities; purchases from cultivators, primary producers, and cottage industries; payments in unbanked localities; certain employee terminal and salary payments; closed-bank days; agent cash payments; and authorised dealer or money changer foreign-currency purchases. en-us Wed, 27 Jun 2007 00:00:00 +0530 Sat, 19 Jul 2008 16:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=4659 The substituted Rule 6DD enumerates specific circumstances in which payments exceeding twenty thousand rupees may be made otherwise than by account payee cheque or draft without attracting disallowance under the Income-tax Act: payments to specified banks, LIC, and the Government when legal tender is required; use of prescribed banking and electronic instruments; adjustments against liabilities; purchases from cultivators, primary producers, and cottage industries; payments in unbanked localities; certain employee terminal and salary payments; closed-bank days; agent cash payments; and authorised dealer or money changer foreign-currency purchases. Notifications Income Tax Wed, 27 Jun 2007 00:00:00 +0530 https://www.taxtmi.com/notifications?id=4659