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

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
19 October 2026
Accountants/Articles (Freshers/Experienced)

ADY & CO.

New Delhi

Graduate (Any)

View Details
Company
23 October 2026
Sr. Accountant

SANKARAN & KRISHNAN

New Delhi

B.Com

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
ARTICLESHIP 22 October 2026
Articleship intern

Srinath Manikanta

Hyderabad

CA Inter

View Details
Company
31 October 2026
Accountants

sankaran and krishnan

New Delhi

B.Com

View Details
Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details