https://www.taxtmi.com/circulars?id=63362 Section 269SU requires specified persons to provide facilities for accepting payments through prescribed electronic modes and section 10A prohibits banks or system providers from levying charges on payers or beneficiaries for such electronic payments. Section 271DB imposes a daily penalty for non-compliance, but the penalty will not be levied if the specified person installs and operationalises the prescribed electronic payment facilities by the stated grace deadline; otherwise the daily penalty applies thereafter. en-us Mon, 30 Dec 2019 00:00:00 +0530 Tue, 31 Dec 2019 15:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=63362 Section 269SU requires specified persons to provide facilities for accepting payments through prescribed electronic modes and section 10A prohibits banks or system providers from levying charges on payers or beneficiaries for such electronic payments. Section 271DB imposes a daily penalty for non-compliance, but the penalty will not be levied if the specified person installs and operationalises the prescribed electronic payment facilities by the stated grace deadline; otherwise the daily penalty applies thereafter. Circulars Income Tax Mon, 30 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=63362