Please Help: stale cheque
Posted Date : 04-Jan-2012 , 01:41:35 pm | Posted By: Gaurav Kushwaha
Category :
Audit | Answers :
1|
Comments :
5| Hits: 3037
|
|
what is a time period after which a cheque becomes a stale cheque?To the best of my knowledge it is 6 months,is their any amendment that it has been changed to 3 months now? |
 |
|
|
Answers:
|
 Answer by: Ketan Samdani |
| The validity of cheque is now three (3) months.
|
|
|
| Comments |
| Posted By : Shyam Kumar.s |
16-Jan-2012, 09:52:37 |
| Yes it is correct |
| |
| Posted By : Rishabh Upadhyay |
08-Jan-2012, 02:54:31 |
| Hi friend. . The time period for a cheque to become stale is 6 months currently. . The provision for reduce this period of 6 months to 3 months is applicable from 1st april 2012 only. . To make it more clear. . I cheque written in december will be cleared till 31 march 2012 but will be treated as stale from 1st april 2012 |
| |
| Posted By : PANKAJ BANSAL |
06-Jan-2012, 03:44:55 |
| yes it is 3 months |
| |
| Posted By : Deepanshu Goyal |
05-Jan-2012, 12:17:44 |
| AMENDMENT RELATED TO REDUCING TIME LIMIT IS APPLICABLE AFTER 31/03/2012. |
| |
| Posted By : Raman Gulati |
04-Jan-2012, 03:53:06 |
| yes now it is 3 Months |
| |
|
|
|
|
