There are two dates mentioned on ESIC,PT & PF payment challans namely the Deposit Received Date & Payment Tranfered Date.Which Date should i consider to decide whether the company is paying these statutory payments on time
5 Replies
vishnupriya
(CA Final)
(1418 Points)
Replied 13 December 2011
you have to take deposit received date..
payment transferred date irrelavent for the purpose of due date verification. This date is internal matter of those departments.
CA Ketan Waghela
(Partner at Elite Educare)
(356 Points)
Replied 13 December 2011
i agree with vishnupriya ji,
payment transfer date is not relevant.. Consider the date of deposit with the bank.
CA Maulik Rachh
(-)
(114 Points)
Replied 14 December 2011
I think if payment is done throgh cheque,then i have some doubt as word"subject tp the realisation" can be there in the relevant ACT..
HKC
(PROP.)
(98 Points)
Replied 03 February 2012
Dear All,
All the department appored only that date which have bank stamp date on challan. Dept. no matter that its Deposit or Clear.
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