Turnover above which a business must provide prescribed electronic payment modes (fifty crore rupees in the preceding tax year)
- Amount in the Act
- ₹50,00,00,000
- 1961 Act
- 269SU
Section findersection 187Act page 249
Section 269SU in the Income-tax Act, 2025
The answer
Section 269SU of the Income-tax Act, 1961 is section 187 of the Income-tax Act, 2025. The Income-tax Act, 2025 is in force from 1 April 2026 and applies from FY 2026-27.
As enacted
Source: the enacted text of the Income-tax Act, 2025 [30 of 2025], as amended by the Finance Act, 2026, page 249. This page sets out the Table entry as read from the Act; read the section and the Notes to its Table before relying on it for a return or an opinion.
Questions this answers
What is section 269SU called in the Income-tax Act, 2025?
Section 269SU of the Income-tax Act, 1961 is section 187 of the Income-tax Act, 2025. The Income-tax Act, 2025 is in force from 1 April 2026 and applies from FY 2026-27.
What does section 187 of the Income-tax Act, 2025 provide?
Turnover above which a business must provide prescribed electronic payment modes (fifty crore rupees in the preceding tax year). The amount in the Act is ₹50,00,00,000.