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.
.
.
.
.
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