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Labour charges paid

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(Querist)
30 September 2015 sir,

if labour charges paid 500000 through chq with out a/c pay ( tds paid ). is there any problem.
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CA Mehta Ankur N.

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CA Mehta Ankur N. (Expert)
30 September 2015 Actually no one can verify it, but be careful again.
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Amol S Joglekar

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Amol S Joglekar (Expert)
30 September 2015 yes. It should have been paid through account payee cheque.
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CA Mehta Ankur N.

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CA Mehta Ankur N. (Expert)
01 October 2015 Agree but Amol sit how can one verify its paid through a/c payee cheque or not ?
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Amol S Joglekar

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Amol S Joglekar (Expert)
03 October 2015 01. Physical checking with the drawer bank

02. test checking with the drawee bank

03. colour code of stamp used by the collecting banker.

04. reliance on management certification

etc.
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CA Mehta Ankur N.

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CA Mehta Ankur N. (Expert)
03 October 2015 ohh i too also not aware of this thing, then only a/c is must.
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Amol S Joglekar

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Amol S Joglekar (Expert)
04 October 2015 You are most welcome.
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