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    <title>Prescribing of certain electronic modes of payment under Section 269SU of the Income- tax Act, 1961-Invitation for application</title>
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    <description>The Central Board of Direct Taxes invites applications from banks and authorised payment system providers operating under the Payment and Settlement Systems Act to have their payment systems prescribed as eligible electronic payment modes for the purposes of Section 269SU of the Income tax Act. Applicants must submit a signed application with name, address, PAN, license/registration details and a description of the payment system in the prescribed format, and send expressions of intent to the designated contact point within the notified timeframe; contact details for queries are provided.</description>
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