Rule 133 requires a person carrying on business or profession whose turnover or gross receipts in the immediately preceding tax year exceed fifty crore rupees to offer four specified electronic payment modes in addition to any others, for section 187.
133
Rules 2026 · Rule 133
Modes of payment for the purpose of section 187
Rules 131-200
The requirement. A person carrying on business or profession whose total sales, turnover or gross receipts exceeded fifty crore rupees in the immediately preceding tax year must provide the facility to accept payment through the following modes, in addition to any other electronic modes already offered: