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Bearer cheque

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Querist : Anonymous (Querist)
16 July 2011 What is the rule for issue Bearer cheque under Income Tax?
An advance payment is made through bearer cheque what will be difference it make for under Income Tax?
Is any amount limitation for issue of bearer cheque?
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CMA. Subhash Kumar Jha

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CMA. Subhash Kumar Jha (Expert)
16 July 2011 Under income tax.....

Bearer cheque = Cash

Rest you can understand very well.

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