Notification issued prescribing e-mode of payment u/s 269SU

Last updated: 02 January 2020


In furtherance to the declared policy objective of the Government to encourage digital economy and move towards a less-cash economy, a new provision namely Section 269SU was inserted in the Income-tax Act, 1961 (the Act), vide the Finance (No. 2) Act 2019 (the Finance Act), which provides that every
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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