QR Code Management
Print UPI QR Code in Tally.ERP 9 is one of the brand new development we have done taken into consideration as per the latest notification of Finance act. This addon help the user to print details of Electronic mode payment they accept along with QR code of Any UPI.
Below it the details of notification issue.
They shall come into force from 1st day of January, 2020.
In the Income-tax Rules, 1962, after rule 119A, the following rule shall be inserted, namely:—
“119AA. Modes of payment for the purpose of section 269SU.- Every person, carrying on business, if his total sales, turnover or gross receipts, as the case may be, in business exceeds fifty crore rupees during the immediately preceding previous year shall provide facility for accepting payment through following electronic modes, in addition to the facility for other electronic modes of payment, if any, being provided by such person, namely:—
(i) Debit Card powered by RuPay;
(ii) Unified Payments Interface (UPI) (BHIM-UPI); and
(iii) Unified Payments Interface Quick Response Code (UPI QR Code) (BHIM-UPI QR Code).
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