advance tax challan
This query is : Resolved
DEVENDER THAKUR
(Querist)
13 September 2010
Respected Experts
TO DEPOSIT THE ADVANCE TAX IN WHOSE FAVOUR CHEQUE OR DD SHOULD BE DRAWN IF WE ARE PAYING THE ADVANCE TAX OF MULTIPAL PERSONS THROUGH A SINGLE CHEQUE. PLEESE HELP ME SIR. WHAT TO WRITE IN FRONT AND BACK OF CHEQUE?
TO DEPOSIT THE ADVANCE TAX IN WHOSE FAVOUR CHEQUE OR DD SHOULD BE DRAWN IF WE ARE PAYING THE ADVANCE TAX OF MULTIPAL PERSONS THROUGH A SINGLE CHEQUE. PLEESE HELP ME SIR. WHAT TO WRITE IN FRONT AND BACK OF CHEQUE?
CMA Ramesh Krishnan
(Expert)
13 September 2010
If the deposting bank and cheque in the same bank- cheque wll be "yourself a/c Income tax"
If the deposting bank and cheque in the different bank- cheque wll be " Income tax a/c - particular bank"
Payment for multiple party in single cheque may not be possible
writing in Cheque in front is enough along with challan
If the deposting bank and cheque in the different bank- cheque wll be " Income tax a/c - particular bank"
Payment for multiple party in single cheque may not be possible
writing in Cheque in front is enough along with challan
14 September 2010
Agreed with Mr. Ramesh.
It is better to issue seprate cheque for seprate person.
It is better to issue seprate cheque for seprate person.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Oct 2025 Invoices
- Under marginal scheme
- Import of Software Service.
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- GST on Renting godown to KFCSC for Storage of Raagi
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
