dates of epf & esic

This query is : Resolved

Report Abuse Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

Ram Avtar Singh

Ram Avtar Singh (Expert)
Follow

11 May 2010 Bank date for income tax purpose.

receipt date and clearing date mentioned in challan by bank.then receipt date.

CA. BIJENDER KR. BANSAL

CA. BIJENDER KR. BANSAL (Expert)
Follow

11 May 2010 Date of EPF 15th of next month and date of ESI 16th of next month. 5 days grace period is available for both.
i.e cheque should be clear in case of epf 20th & Esi 21st .

Upgrade to CAclubindia Pro. Subscribe Now!

Querist : Anonymous

Querist : Anonymous (Querist)

11 May 2010 What is the meaning of banking date-clearing date or challan date

Querist : Anonymous

Querist : Anonymous (Querist)

11 May 2010 Dear Sir,

In epf/ESIC challan the bank entered the date which is beyond the date of clearing of cheque by 2 or 3 days .What will be the date for I Tax purpose -challan date or clearing date .You have answered bank date.What is the meaning of bank date -Challan date or clearing date

CA. BIJENDER KR. BANSAL

CA. BIJENDER KR. BANSAL (Expert)
Follow

12 May 2010 Date of clearing should be before 21st or 20th ie. Clearing date is to be considered for IT purpose.