Home > Income Tax Act 2025 > Section-187Last Updated: Feb 21st 2025
Section-187 seeks to provide for accepting payment through prescribed electronic modes. Learn to understand the section-187 as it is, it's help and useful links to follow.
Here onwards, "Act" refers to "Income Tax Act 2025"
Every person shall provide facility for accepting payment, through electronic modes as prescribed, in addition to other electronic modes, if any, being provided by him, where––
Disclaimer: This article provides an overview and general guidance, not exhaustive for brevity. Please refer Income Tax Act, GST Act, Companies Act and other tax compliance acts, Rules, and Notifications for details.