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Q. > Please Help: Issued Cheque
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1124 views • Question added Apr 01, 2012 • Audit • By Vikash Kumar Jha , Cuttack


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.

2 Answers

answered Apr 02, 2012 by lavina bajaj , Mumbai

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..


answered May 17, 2012 by CA. SURESH Kr. AGARWAL , Delhi

Dear the cheque/DD issued before 01.04.2012 are having validity of 6 months.


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SHIKHA SONI

02-Apr-2012 , 12:01:47 am

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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Vikash Kumar Jha

03-Apr-2012 , 10:49:59 pm

thanks

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