Please Help: Issued Cheque
Posted Date : 01-Apr-2012 , 11:43:12 pm | Posted By: Vikash Kumar Jha
Category :
Audit | Answers :
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Comments :
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i would like to know about new amendment that from today what ever the cheque/Draft is going to issue only valid for 3 months but what about those which have already issued previously from today. so for that cheque time difference will 6 month or 3 months. Please remove this doubt. |
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Answers:
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 Answer by: Lavina Bajaj |
| hello Mr. Jha..
the query raised by you is very obvious.... but when this notification was passed it was to be effective from 1/4/12 and not retrospectively thus 3 months validity is applicable from 1/4/12 and not on cheques issued previosly...
i hope it would suffice to your issue..
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| Answer by: CA. SURESH Kr. AGARWAL |
| Dear the cheque/DD issued before 01.04.2012 are having validity of 6 months.
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| Comments |
| Posted By : SHIKHA SONI |
02-Apr-2012, 12:01:47 |
| this new amendment is for those cheques which are issued from 1st april 2012 onwards.
those cheques which are issued before 1st aprilmeans earlier from 1st april have valid for 6 months itself |
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