Stale heque
This query is : Resolved
11 January 2012
PRESENTLY WE ARE PASSING ENTRY IN STALE
CHEQUE AFTER 6 MONTHS FROM DATE OF ISSUE.
ACCORDING TO RBI NOTIFICATION CHEQUE VALIDITY IS NOW 3 MONTH WEF FROM 01.04.2011.
KINDLY ADVISE NOW THE ENTRY IN STALE CHEQUE WILL BE PASSED AFTER THREE MONTHS OF ISSUING CHEQUE.
ON 01.4.2012, CHEQUES NOT PRESENTED UPTO 31.12.2011 WILL BE TFD TO STALE CHEQUE ACCOUNT ?
CHEQUE AFTER 6 MONTHS FROM DATE OF ISSUE.
ACCORDING TO RBI NOTIFICATION CHEQUE VALIDITY IS NOW 3 MONTH WEF FROM 01.04.2011.
KINDLY ADVISE NOW THE ENTRY IN STALE CHEQUE WILL BE PASSED AFTER THREE MONTHS OF ISSUING CHEQUE.
ON 01.4.2012, CHEQUES NOT PRESENTED UPTO 31.12.2011 WILL BE TFD TO STALE CHEQUE ACCOUNT ?
Mahesh Paryani
(Expert)
11 January 2012
Dear Sir
The entries which you make after 6 month will now be made after 3 months.
It would be much better if you credit or debit (as the case may be) to the party account directly instead of stale cheque account.
Regards
The entries which you make after 6 month will now be made after 3 months.
It would be much better if you credit or debit (as the case may be) to the party account directly instead of stale cheque account.
Regards
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
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
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
