Labour charges paid
This query is : Resolved
reddi prasad
(Querist)
30 September 2015
sir,
if labour charges paid 500000 through chq with out a/c pay ( tds paid ). is there any problem.
if labour charges paid 500000 through chq with out a/c pay ( tds paid ). is there any problem.
CA Mehta Ankur N.
(Expert)
30 September 2015
Actually no one can verify it, but be careful again.
Amol S Joglekar
(Expert)
30 September 2015
yes. It should have been paid through account payee cheque.
CA Mehta Ankur N.
(Expert)
01 October 2015
Agree but Amol sit how can one verify its paid through a/c payee cheque or not ?
Amol S Joglekar
(Expert)
03 October 2015
01. Physical checking with the drawer bank
02. test checking with the drawee bank
03. colour code of stamp used by the collecting banker.
04. reliance on management certification
etc.
02. test checking with the drawee bank
03. colour code of stamp used by the collecting banker.
04. reliance on management certification
etc.
Message likes :
1 times
CA Mehta Ankur N.
(Expert)
03 October 2015
ohh i too also not aware of this thing, then only a/c is must.
Amol S Joglekar
(Expert)
04 October 2015
You are most welcome.
.
.
.
.
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
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Taxation of crypto futures in India Fy 2026- 2027
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- EPF ECR NEW RULES Sep 17th 2026
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- 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
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
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
