Bck dated cheque

in our company receiving backdated cheque whenever I am posting those cheques as per dated mentioned on the cheque my bank account vs books balance occurred balance diffrence it is ok or not according to rule as per income tax also as per gst please suggest me sir
Replies (4)
Quick Summary
This discussion addresses the accounting treatment of backdated cheques. The consensus is that backdated cheques are not an issue and should be accounted for when deposited into the bank. It's recommended to prepare a bank reconciliation statement to manage any discrepancies between bank and book balances. The query also touches upon compliance with income tax and GST regulations.

Back dated is not issue.
You can account when You deposit into the bank.
Prepare bank reconciliation statement
Can You elaborate Your reply @ Our Great Expert Mr Sabyasachi Saaarey...
Sorry post dated cheques

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