Check Date is 7th
Bank Acknowledgement Date or Clearing Date is 10th
whether interest for delayed payment gets attracted ??
Check Date is 7th
Bank Acknowledgement Date or Clearing Date is 10th
whether interest for delayed payment gets attracted ??
Hi,
Yes, Interest will attract as cheque date doesn't matter. What matter is the deposit date and clearing date.
Cheers
Pradeep Jain
| Originally posted by : Aditya Maheshwari | ||
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The decision of the GOI in Sahara Airlines v CCT (110 Taxman 378) and P. L. Haulwel Trailers Ltd. v DCIT (100 ITD 485) decision of the Chennai Tribunal the date of presentation has been considered as the date of payment. |
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