https://www.taxtmi.com/manuals?id=1464 Section 269SU mandates that businesses exceeding the prescribed turnover threshold must provide facilities to accept payments through government notified electronic modes (RuPay debit cards, UPI and UPI QR codes). Failure to comply attracts a daily penalty under Section 271DB, though no penalty shall be imposed where the person proves good and sufficient reasons for the failure. Administrative clarifications bar additional charges on prescribed mode transactions and limit applicability for certain B2B or predominantly non cash receipt entities. en-us Sat, 30 Jan 2016 15:13:00 +0530 Tue, 10 Jun 2025 18:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1464 Section 269SU mandates that businesses exceeding the prescribed turnover threshold must provide facilities to accept payments through government notified electronic modes (RuPay debit cards, UPI and UPI QR codes). Failure to comply attracts a daily penalty under Section 271DB, though no penalty shall be imposed where the person proves good and sufficient reasons for the failure. Administrative clarifications bar additional charges on prescribed mode transactions and limit applicability for certain B2B or predominantly non cash receipt entities. Manuals Income Tax Sat, 30 Jan 2016 15:13:00 +0530 https://www.taxtmi.com/manuals?id=1464