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[Cites 0, Cited by 0] [Section 125] [Entire Act]

Union of India - Subsection

Section 125(2) in Income Tax Rules, 1962

(2)For the purposes of this rule :-
(a)"pay tax electronically" shall mean, payment of tax by way of-
(i)internet banking facility of the authority bank; or
(ii)credit or debit cards;
(b)the word "tax" shall have the meaning as assigned to it in clause (43) of section 2 of the Act and shall include interest and penalty.