Applicability and Mode of Payment Under Section 269SU

The Finance (No. 2) Act, 2019 has inserted a new section 269SU in the Income-tax Act, 1961 to encourage digital transactions and move towards cashless economy.

Section 269SU:
Every person, carrying on business, shall provide facility for accepting payment through prescribed electronic modes, in addition to the facility for other electronic modes, of payment, if any, being provided by such person, if his total sales, turnover or gross receipts, as the case may be, in business exceeds fifty crore rupees during the immediately preceding previous year.

Applicability
Above Section come into force from 1st day of January, 2020

Now Notification No.105/2019/F. No. 370142/35/2019-TPL Dated 30.12.2019 has been issued for prescribing electronic modes.
For this purpose, New Rule 119AA has been inserted for prescribing mode of payment for the purpose of Section 269SU.

Rule 119AA. Modes of payment for the purpose of section 269SU
Every person, carrying on business, if his total sales, turnover or gross receipts, as the case may be, in business exceeds fifty crore rupees during the immediately preceding previous year shall provide facility for accepting payment through following electronic modes, in addition to the facility for other electronic modes of payment, if any, being provided by such person, namely:—
(i) Debit Card powered by RuPay;
(ii) Unified Payments Interface (UPI) (BHIM-UPI); and
(iii) Unified Payments Interface Quick Response Code (UPI QR Code) (BHIM-UPI QR Code).”.

1,158 thoughts on “Applicability and Mode of Payment Under Section 269SU

  1. Hello! I just wanted to ask if you ever have any issues with hackers? My last blog (wordpress) was hacked and I ended up losing a few months of hard work due to no data backup. Do you have any methods to prevent hackers?

  2. Thank you for the good writeup. It in fact was a amusement account it. Look advanced to more added agreeable from you! However, how could we communicate?

  3. Please let me know if you’re looking for a author for your site.
    You have some really great articles and I think I would be a good asset.
    If you ever want to take some of the load off, I’d really
    like to write some content for your blog in exchange for a link back to mine.
    Please send me an e-mail if interested. Many thanks!

  4. you’re truly a just right webmaster. The website loading speed is amazing.
    It sort of feels that you’re doing any distinctive trick.

    Also, The contents are masterpiece. you’ve performed a great job on this topic!

  5. obviously like your web site however you have to take a look at the spelling on several of your posts.
    Several of them are rife with spelling problems and I in finding it very bothersome to tell
    the reality on the other hand I will surely come back again.

  6. Do you mind if I quote a few of your posts as
    long as I provide credit and sources back to your blog?

    My blog is in the exact same niche as yours and my users would really benefit from a
    lot of the information you provide here. Please
    let me know if this okay with you. Thank you!

  7. magnificent publish, very informative. I wonder why the other specialists of this sector don’t notice this.
    You should proceed your writing. I am confident, you have a great readers’ base
    already!

  8. Wonderful blog! I found it while searching on Yahoo
    News. Do you have any tips on how to get listed in Yahoo News?
    I’ve been trying for a while but I never seem to
    get there! Cheers

  9. Excellent items from you, man. I have take note your stuff previous to and you’re simply too great.
    I actually like what you have received right here, certainly like what you’re stating and the
    way in which wherein you say it. You make it entertaining and you still
    care for to stay it smart. I can not wait to read far more from you.
    This is actually a wonderful website.

  10. Heya i am for the first time here. I came across this board and I find It truly useful &
    it helped me out much. I hope to give something back and aid others like you aided me.

  11. Good post. I learn something totally new and challenging on websites I stumbleupon on a daily basis. It’s always useful to read through content from other writers and use something from their web sites.

  12. Wow that was odd. I just wrote an incredibly long comment butafter I clicked submit my comment didn’t show up. Grrrr…well I’m not writing all that over again. Anyways,just wanted to say wonderful blog!

  13. Do you have a spam problem on this blog; I also am a blogger, and Iwas wanting to know your situation; we have created some nice practices and we are looking to trade solutions with other folks,why not shoot me an email if interested.

  14. After I initially left a comment I appear to have clicked on the -Notify me when new comments are added- checkbox and from now on whenever a comment is added I recieve four emails with the same comment. There has to be an easy method you can remove me from that service? Thanks a lot.

  15. I blog often and I truly appreciate your content. This great article has truly peaked my interest. I’m going to take a note of your site and keep checking for new details about once a week. I opted in for your RSS feed too.

  16. Hi there! This blog post could not be written much better! Looking through this post reminds me of my previous roommate! He always kept talking about this. I’ll send this article to him. Pretty sure he’ll have a great read. Thanks for sharing!

  17. I’m impressed, I must say. Seldom do I encounter a blog that’s both educative and interesting, and let me tell you, you’ve hit the nail on the head. The issue is an issue that too few folks are speaking intelligently about. Now i’m very happy I stumbled across this during my hunt for something concerning this.

  18. Next time I read a blog, Hopefully it does not disappoint me just as much as this particular one. After all, I know it was my choice to read through, nonetheless I actually believed you would probably have something useful to talk about. All I hear is a bunch of moaning about something you could fix if you weren’t too busy looking for attention.

  19. Hello there, just became alert to your blog through Google, and found that it’s truly informative. I?m gonna watch out for brussels. I?ll be grateful if you continue this in future. Numerous people will be benefited from your writing. Cheers!

  20. I’m extremely impressed with your writing skills aswell as with the layout on your blog. Is this a paidtheme or did you modify it yourself? Anyway keep up the excellent quality writing,it’s rare to see a great blog like this one nowadays.

  21. I am really impressed with your writing skills as well as with the layout on your blog.Is this a paid theme or did you customize ityourself? Either way keep up the nice quality writing, it’srare to see a great blog like this one today.

  22. It is in reality a nice and useful piece of information.I’m glad that you just shared this helpful info with us.Please stay us up to date like this. Thank you for sharing.

  23. Tremendous issues here. I’m very satisfied to see your post.Thank you a lot and I’m looking ahead to touch you. Will you please drop me ae-mail?my blog ToxyBurn

  24. I have to thank you for the efforts you’ve put in penning this blog. I really hope to view the same high-grade blog posts by you in the future as well. In fact, your creative writing abilities has inspired me to get my own, personal site now 😉

  25. Hey There. I found your blog using msn. This is a really well written article.I’ll be sure to bookmark it and return to read more of your useful info.Thanks for the post. I will definitely comeback.

  26. If some one desires expert view on the topic of running a blog then i propose him/her to pay a visit this website, Keep up the fastidious work.

  27. Generally I don’t learn article on blogs, but I would like to say that this write-upvery forced me to try and do so! Your writing taste has been surprised me.Thank you, very nice article.

  28. Today, I went to the beach with my children. I found a sea shell and gave it to my 4 year old daughter and said “You can hear the ocean if you put this to your ear.” She put the shell to her ear and screamed. There was a hermit crab inside and it pinched her ear. She never wants to go back! LoL I know this is completely off topic but I had to tell someone!

  29. After checking out a handful of the articles on your web page, I seriously like your way of blogging. I saved as a favorite it to my bookmark webpage list and will be checking back soon. Please check out my web site as well and let me know your opinion.

  30. Oh my goodness! Awesome article dude! Many thanks, However I am going through difficulties with your RSS. I don’t know the reason why I can’t subscribe to it. Is there anyone else getting the same RSS issues? Anyone that knows the solution can you kindly respond? Thanx.

  31. Thanks for a marvelous posting! I certainly enjoyed reading it, you happen to be a great author. I will make sure to bookmark your blog and may come back very soon. I want to encourage continue your great writing, have a nice evening!

  32. The very next time I read a blog, I hope that it does not fail me just as much as this one. After all, Yes, it was my choice to read through, but I really believed you’d have something helpful to talk about. All I hear is a bunch of whining about something you can fix if you weren’t too busy searching for attention.

  33. You are so awesome! I do not believe I have read a single thing like this before. So wonderful to find another person with unique thoughts on this issue. Really.. thanks for starting this up. This web site is something that is required on the web, someone with a little originality.

  34. I blog frequently and I really thank you for your content. Your article has really peaked my interest. I am going to take a note of your site and keep checking for new details about once a week. I subscribed to your RSS feed too.

  35. May I simply just say what a comfort to discover somebody who truly understands what they are talking about on the internet. You definitely know how to bring an issue to light and make it important. More people must check this out and understand this side of the story. I was surprised you’re not more popular given that you definitely have the gift.

  36. An outstanding share! I have just forwarded this onto a friend who had been conducting a little homework on this. And he in fact bought me lunch because I discovered it for him… lol. So let me reword this…. Thank YOU for the meal!! But yeah, thanks for spending some time to discuss this issue here on your web site.

  37. May I simply say what a relief to discover an individual who genuinely knows what they are talking about online. You certainly realize how to bring an issue to light and make it important. A lot more people really need to look at this and understand this side of your story. I was surprised you aren’t more popular since you most certainly possess the gift.

  38. After checking out a few of the blog articles on your web site, I honestly like your way of blogging. I added it to my bookmark site list and will be checking back soon. Please check out my website as well and tell me how you feel.

  39. Nice post. I was checking continuously this blog and I’m impressed!Very useful info specifically the last part 🙂 I care for such information much.I was looking for this particular info for a very long time.Thank you and good luck.

  40. I’m impressed, I must say. Rarely do I encounter a blog that’s equally educative and interesting, and let me tell you, you’ve hit the nail on the head. The issue is an issue that not enough folks are speaking intelligently about. I’m very happy that I found this during my hunt for something relating to this.

  41. When I originally commented I seem to have clicked on the -Notify me when new comments are added- checkbox and from now on whenever a comment is added I get four emails with the exact same comment. There has to be an easy method you can remove me from that service? Thanks a lot.

  42. After I initially commented I seem to have clicked on the -Notify me when new comments are
    added- checkbox and from now on whenever a comment is added I receive 4 emails with the exact same comment.
    Perhaps there is an easy method you are able to
    remove me from that service? Cheers!

  43. Hi, I do believe this is an excellent site. I stumbledupon it 😉 I will revisit yet again since i have book marked it. Money and freedom is the greatest way to change, may you be rich and continue to guide other people.

  44. Heya i’m for the first time here. I came across this boardand I find It truly useful & it helped me out a lot.I hope to provide one thing again and help others such as you aided me.

  45. Do you have a spam problem on this blog; I also am a blogger, and
    I was wanting to know your situation; many of us have developed some nice
    procedures and we are looking to trade techniques with
    others, why not shoot me an e-mail if interested.

  46. I like the helpful info you supply to your articles.I will bookmark your blog and take a look at once more right here regularly.I am reasonably sure I’ll be told lots of new stuff right here!Good luck for the following!

  47. You can certainly see your expertise in the paintings you write. The sector hopes for more passionate writers such as you who are not afraid to say how they believe. Always follow your heart.

  48. Spot on with this write-up, I actually believe that this web site needs a great deal more attention. I’ll probably be back again to read more, thanks for the information.

  49. I am no longer certain where you’re getting your info, but great topic.I must spend some time learning more or working out more. Thanks for great info I was looking for this info for my mission.

  50. After exploring a few of the articles on your site, I really like your technique of writing a blog. I bookmarked it to my bookmark site list and will be checking back soon. Please visit my web site as well and tell me how you feel.

  51. I’m curious to find out what blog system you are working with? I’m experiencing some minor security problems with my latest blog and I would like to find something more risk-free. Do you have any solutions?

  52. It’s genuinely very complex in this busy life to listen news on Television, thus
    I only use world wide web for that purpose, and obtain the most up-to-date information.

  53. Definitely believe that that you stated. Your favourite justification seemed to be on the net the simplest factor to be mindful of. I say to you, I certainly get annoyed even as people consider concerns that they just do not realize about. You controlled to hit the nail upon the highest and outlined out the entire thing without having side effect , other people can take a signal. Will likely be again to get more. Thank you

  54. Do you mind if I quote a few of your posts as long as I provide
    credit and sources back to your site? My website is in the very same
    niche as yours and my users would truly benefit from some of the information you provide here.
    Please let me know if this ok with you. Thanks a lot!

  55. May I simply say what a relief to uncover an individual who really knows what they are discussing on the web. You actually know how to bring a problem to light and make it important. More people need to check this out and understand this side of your story. I was surprised that you’re not more popular given that you most certainly possess the gift.

  56. Can I simply just say what a relief to find someone who really understands what they are discussing online. You actually know how to bring a problem to light and make it important. A lot more people ought to look at this and understand this side of your story. I was surprised you aren’t more popular given that you most certainly possess the gift.

  57. Hi there! This post could not be written any better! Going through this post reminds me of my previous roommate! He continually kept talking about this. I’ll send this post to him. Pretty sure he will have a good read. Thank you for sharing!

  58. The very next time I read a blog, I hope that it doesn’t disappoint me just as much as this particular one. I mean, Yes, it was my choice to read, however I truly believed you would have something interesting to talk about. All I hear is a bunch of crying about something you could possibly fix if you were not too busy looking for attention.

  59. We stumbled over here by a different web address and thought I might check things out.
    I like what I see so i am just following you. Look forward to looking into your web page
    again.

  60. I have not checked in here for a while as I thought it was getting boring, but the last several posts are good quality so I guess I will add you back to my everyday bloglist. You deserve it my friend 🙂

  61. I needed to thank you for this wonderful read!! I absolutely enjoyed every bit of it. I have got you book marked to check out new stuff you postÖ

  62. Next time I read a blog, Hopefully it doesn’t fail me as much as this particular one. I mean, Yes, it was my choice to read through, however I genuinely thought you would probably have something useful to talk about. All I hear is a bunch of whining about something that you can fix if you weren’t too busy seeking attention.

  63. After exploring a few of the articles on your web site, I honestly appreciate your technique of writing a blog. I saved as a favorite it to my bookmark webpage list and will be checking back in the near future. Please visit my website as well and tell me what you think.

  64. Howdy! This article could not be written much better! Looking through this post reminds me of my previous roommate! He continually kept talking about this. I am going to forward this post to him. Pretty sure he’s going to have a very good read. Many thanks for sharing!

  65. Hallo! Ich weiß, das ist irgendwie off-topic, aber ich habe mich gefragt, ob Sie wissen, wo ich ein Captcha-Plug-in für mein Kommentarformular finden könnte? Ich benutze ter dieselbe Blog-Plattform wie Ihre und ich habe Schwierigkeiten, eine zu finden? Danke vielmals!

  66. Can I just say what a relief to uncover a person that actually understands what they are talking about on the internet. You actually realize how to bring a problem to light and make it important. More people have to look at this and understand this side of the story. I can’t believe you’re not more popular given that you surely possess the gift.

  67. It is in point of fact a great and helpful piece of information. I am satisfied that you shared this useful info with us. Please keep us informed like this. Thanks for sharing.

  68. What’s Happening i’m new to this, I stumbled upon this I’ve discovered It absolutely helpful and it has helped me out loads. I hope to contribute & aid other users like its helped me. Great job.

  69. Right here is the right web site for anyone who wishes to understand this topic. You know so much its almost hard to argue with you (not that I actually will need to…HaHa). You definitely put a fresh spin on a subject that has been discussed for years. Great stuff, just great.

  70. After I initially left a comment I seem to have clicked on the -Notify me when new comments are added- checkbox and from now on whenever a comment is added I receive four emails with the exact same comment. There has to be a way you can remove me from that service? Thanks a lot.

  71. An intriguing discussion is worth comment. There’s no doubt that that you need to write more about this subject matter, it might not be a taboo matter but usually people don’t talk about such issues. To the next! Kind regards!!

  72. Great paintings! This is the kind of info that are supposed to be shared around the web. Shame on Google for no longer positioning this put up higher! Come on over and visit my site . Thank you =)

  73. I blog quite often and I truly appreciate your content. The article has truly peaked my interest. I will take a note of your website and keep checking for new details about once a week. I opted in for your RSS feed as well.

  74. Hi there! This article could not be written much better! Reading through this article reminds me of my previous roommate! He constantly kept preaching about this. I most certainly will forward this article to him. Pretty sure he’s going to have a good read. I appreciate you for sharing!

  75. Howdy! I could have sworn I’ve been to this web site before but after looking at many of the articles I realized it’s new to me. Anyways, I’m definitely delighted I stumbled upon it and I’ll be book-marking it and checking back regularly!

  76. I’m still learning from you, while I’m trying to reach my goals. I definitely liked reading everything that is written on your blog.Keep the aarticles coming. I enjoyed it!

  77. Heya i am for the first time here. I found this board and I in finding It really useful & it helped me out a lot. I am hoping to present something back and help others such as you aided me.

  78. Please let me know if you’re looking for a author for your site.
    You have some really great posts and I feel I would be a good
    asset. If you ever want to take some of the load off, I’d absolutely love
    to write some content for your blog in exchange
    for a link back to mine. Please blast me an e-mail if interested.
    Regards!

  79. I like the valuable information you provide in your articles.I’ll bookmark your blog and check again here regularly. I’m quite certain I’ll learn plenty of new stuff right here!Good luck for the next!

  80. Aw, this was a very good post. Taking a few minutes and actual effort to create a great articleÖ but what can I sayÖ I procrastinate a lot and don’t manage to get nearly anything done.

  81. Greetings from California! I’m bored to death at work so I decided to browse your website on my iphone during lunch break. I love the info you present here and can’t wait to take a look when I get home. I’m shocked at how fast your blog loaded on my phone .. I’m not even using WIFI, just 3G .. Anyhow, awesome site!

  82. Hello there! I know this is kinda off topic but I was wondering if you knew where I could locate a captcha plugin for my comment form? I’m using the same blog platform as yours and I’m having difficulty finding one? Thanks a lot!

  83. An intriguing discussion is definitely worth comment. I think that you ought to publish more on this subject, it may not be a taboo subject but generally people don’t speak about these topics. To the next! Kind regards!!

  84. Thanks for the marvelous posting! I definitely enjoyed reading it, you’rea great author. I will make sure to bookmark your blog and will come back very soon. Iwant to encourage you to definitely continue your great work, have anice evening!

  85. I’m really impressed with your writing skills and also with the layout on your weblog. Is this a paid theme or did you customize it yourself? Anyway keep up the nice quality writing, it is rare to see a nice blog like this one nowadays..

  86. A motivating discussion is worth comment. I do think that you should publish more on this issue, it may not be a taboo matter but typically folks don’t speak about such topics. To the next! Many thanks.

  87. When some one searches for his required thing, therefore he/she needs
    to be available that in detail, so that thing is maintained over here.

  88. Hey there! Do you know if they make any plugins to assist with Search
    Engine Optimization? I’m trying to get my blog to rank for some targeted keywords but I’m not
    seeing very good success. If you know of any please
    share. Many thanks!

  89. Have you ever considered about including a little bit more than just your articles? I mean, what you say is valuable and all. Nevertheless just imagine if you added some great visuals or video clips to give your posts more, “pop”! Your content is excellent but with pics and videos, this site could undeniably be one of the very best in its field. Excellent blog!

  90. Hi! I know this is somewhat off topic but I was wondering if you knew where I could locate a captcha plugin formy comment form? I’m using the same blog platform asyours and I’m having trouble finding one? Thanks a lot!

  91. It’s actually a cool and helpful piece of information. I’m happy that you shared this useful info with us. Please stay us informed like this. Thanks for sharing.

  92. Great website you have here but I was curious if you knew of any community forums that cover the same topics discussed here? I’d really love to be a part of community where I can get feedback from other experienced people that share the same interest. If you have any recommendations, please let me know. Bless you!

  93. An intriguing discussion is worth comment. There’s no doubt that that you should publish more about this subject, it might not be a taboo matter but generally people do not speak about these issues. To the next! All the best!!

  94. I absolutely love your blog.. Great colors & theme. Did you make this web site yourself? Please reply back as Iím trying to create my own blog and want to know where you got this from or what the theme is called. Kudos!

  95. I was very happy to uncover this page. I need to to thank you for ones time for this fantastic read!! I definitely savored every part of it and i also have you saved to fav to check out new stuff in your web site.

  96. always i used to read smaller content that as well clear their motive, and that
    is also happening with this piece of writing which I am reading at this
    place.

  97. Excellent post. I was checking continuously this blogand I’m impressed! Extremely helpful information particularly the remaining section 🙂I deal with such info much. I was seeking this certain info for a long time.Thank you and best of luck.

  98. Attractive section of content. I just stumbled upon your site and in accession capital to assert that I acquire
    actually enjoyed account your blog posts. Any way I’ll be subscribing
    to your augment and even I achievement you access consistently fast.

  99. Can I simply just say what a relief to uncover someone who really knows what they are discussing on the web. You actually understand how to bring a problem to light and make it important. A lot more people ought to check this out and understand this side of your story. I was surprised that you aren’t more popular given that you surely possess the gift.

  100. Next time I read a blog, I hope that it won’t disappoint me as much as this particular one. I mean, Yes, it was my choice to read, however I actually thought you would probably have something interesting to say. All I hear is a bunch of complaining about something you could possibly fix if you were not too busy looking for attention.

  101. I blog often and I genuinely thank you for your information. This article has really peaked my interest. I am going to bookmark your website and keep checking for new details about once a week. I subscribed to your RSS feed as well.

  102. Can I simply just say what a relief to discover a person that actually understands what they are discussing on the internet. You certainly realize how to bring an issue to light and make it important. More people have to look at this and understand this side of your story. I was surprised that you aren’t more popular because you surely have the gift.

  103. Aw, this was a really good post. Taking a few minutes and actual effort to generate a superb article… but what can I say… I procrastinate a lot and don’t seem to get nearly anything done.

  104. Oh my goodness! Awesome article dude! Thank you so much, However I am experiencing issues with your RSS. I don’t know why I can’t join it. Is there anybody else having identical RSS issues? Anyone who knows the solution can you kindly respond? Thanx!

  105. I’m impressed, I have to admit. Rarely do I encounter a blog that’s both equally educative and interesting, and without a doubt, you’ve hit the nail on the head. The problem is something that too few people are speaking intelligently about. Now i’m very happy I came across this during my hunt for something relating to this.