Section 269SU not to apply to businesses having only B2B transactions
May 21, 2020
Income Tax
Section 269SU related to provision of electronic mode for acceptance of payments not to apply to businesses having only B2B transactions Circular No. 12/2020 F.No.370142/3512019-TPLGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes**** Dated: 20th May, 2020 Subject: Clarifications in respect of prescribed electronic modes under …