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Exceptions for Cash Payments Above Rs 10,000 under Rule 26 of Draft IT Rules 2026

Last updated: 14 February 2026


The Draft Income Tax Rules, 2026 have introduced Rule 26, detailing specific cases where payments exceeding Rs 10,000 in a day made otherwise than through specified banking or prescribed electronic modes, will not trigger disallowance under Sections 36(4) and 36(5) of the Income Tax Act. The provis

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