INCOME TAX20 Sept 2026
No cash accepted! PVR INOX insists on UPI payment only; customer sends legal notice — here's what the rules say | Mint
PVR INOX has been sent a legal notice after an Ahmedabad advocate, Utkarsh Dave, was refused cash for a movie ticket and food at its Palladium Mall outlet, where only UPI (Unified Payments Interface) was accepted. He cites Section 26(1) of the Reserve Bank of India Act, 1934. Experts say private businesses may go cashless, but must clearly tell customers in advance.
Key Statutory Highlights
- Ahmedabad advocate Utkarsh Dave sent a legal notice to PVR INOX after its Palladium Mall outlet refused cash for tickets and food.
- The notice cites Section 26(1) of the Reserve Bank of India Act, 1934, saying RBI-issued banknotes are legal tender.
- A legal expert said a private business may adopt a cashless policy, provided it clearly tells customers in advance.
Actionable Advice for Taxpayers / Founders:If your business takes only UPI, cards or other digital modes, display that rule clearly before payment, at the counter and on your booking page. Since this is a disputed area, check with a CA or lawyer before enforcing a cashless-only policy.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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