Which payment modes are covered in ‘prescribed electronic modes’ for the provision of Sections 40A(3), 269SS, 269ST, 269SU, and 269T?

​ Ans. Prescribed electronic modes include-

a) Credit Card;

b) Debit Card;

c) Net Banking;

d) IMPS (Immediate Payment Service);

e) UPI (Unified Payment Interface);

f) RTGS (Real Time Gross Settlement);

g) NEFT (National Electronic Funds Transfer); and

h) BHIM (Bharat Interface for Money) Aadhaar Pay.​