<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Mode of repayment of certain loans or deposits or specified advances.</title>
    <link>https://www.taxtmi.com/acts?id=51719</link>
    <description>Mode of repayment restricts repayment of loans, deposits and specified advances to account payee cheque, account payee bank draft in the lender&#039;s name, or electronic clearing/bank account transfers where the amount payable (individual or aggregate with interest) meets the statutory monetary threshold; exceptions allow crediting to the borrower&#039;s savings/current account with the same branch and exclude Government, specified banking entities, statutory corporations, Government companies and notified institutions, with a higher threshold for primary agricultural credit societies and related rural banks.</description>
    <language>en-us</language>
    <pubDate>Thu, 14 Aug 2025 11:24:32 +0530</pubDate>
    <lastBuildDate>Wed, 27 Aug 2025 18:26:37 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=843266" rel="self" type="application/rss+xml"/>
    <item>
      <title>Mode of repayment of certain loans or deposits or specified advances.</title>
      <link>https://www.taxtmi.com/acts?id=51719</link>
      <description>Mode of repayment restricts repayment of loans, deposits and specified advances to account payee cheque, account payee bank draft in the lender&#039;s name, or electronic clearing/bank account transfers where the amount payable (individual or aggregate with interest) meets the statutory monetary threshold; exceptions allow crediting to the borrower&#039;s savings/current account with the same branch and exclude Government, specified banking entities, statutory corporations, Government companies and notified institutions, with a higher threshold for primary agricultural credit societies and related rural banks.</description>
      <category>Act-Rules</category>
      <law>Income Tax</law>
      <pubDate>Thu, 14 Aug 2025 11:24:32 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/acts?id=51719</guid>
    </item>
  </channel>
</rss>