CA Day celebration 2024 Easy Office
LCI Learning

Stale cheque to be written off

This query is : Open 
Profile Image

Profile Image

(Querist)
03 May 2013 What is the time limit for stale cheque to be written off from the books, is it the cheque issuance date or the date when cheque becomes stale.

Also the relevant section which defines the same.
Profile Image

CA Sourabh Agarwal

Profile Image

CA Sourabh Agarwal (Expert)
13 May 2013 RBI guidelines says Cheque is stale if not presented for payment within three months from date written on cheque.
Profile Image

Kamesh Gupta

Profile Image

Kamesh Gupta (Querist)
14 May 2013 Need to confirm here, when can stale cheque be written off from the books-
cheque issuance date or
when trfd to stale cheque
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

CA Sourabh Agarwal

Profile Image

CA Sourabh Agarwal (Expert)
14 May 2013 after three months, which is when trfd to stale cheque.
Profile Image

Kamesh Gupta

Profile Image

Kamesh Gupta (Querist)
14 May 2013 Thanks for the confirmation.

Also confirm which section governs the same.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CA Day celebration 2024 with Tally CCI Pro

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links