Tuesday, December 31, 2019

CBDT to Levy Penalty for not providing Facility to Accept Digital Payments from Feb 1st

The Central Board of Direct Taxes ( CBDT ) to levy a penalty for not providing facility to accept digital payments from February 1st, 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 of the Income Tax […]

The post CBDT to Levy Penalty for not providing Facility to Accept Digital Payments from Feb 1st appeared first on Taxscan | Simplifying Tax Laws.



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