Income-tax Act, 1961 · Chapter XXB: Requirement As to Mode of Acceptance, Payment or Repayment in Certain Cases to Counteract Evasion of Tax
Section 269TT: Mode of repayment of Special Bearer Bonds, 1991
The Income-tax Act, 1961 was repealed by the Income-tax Act, 2025 from 1 April 2026. The text is kept here because the judgments below apply it.
Notwithstanding anything contained in any other law for the time being in force, the amount payable on redemption of Special Bearer Bonds, 1991, shall be paid only by an account payee cheque or account payee bank draft drawn in the name of the person to whom such payment is to be made.]
[CHAPTER XXC
Source: India Code (Legislative Department), the text of the Act as it stood before its repeal. Words in square brackets [ ] were inserted or substituted by later amending Acts, and *** marks words omitted by an amendment. The amendment footnotes are not reproduced here. Official text on India Code.
Supreme Court judgments citing the section 269TT
No Supreme Court judgment in our database cites this section yet.