Date of encashment of cheque is the date of payment of tax in terms of rule 81 of Treasury Rules

Date of encashment of cheque is the date of payment of tax in terms of rule 81 of Treasury Rules https://www.taxtmi.com/circulars?id=4543 Date of encashment of a cheque constitutes the tax payment date where the department has prescribed conditions under the Treasury Rules; the Board's circular treating realised cheque proceeds as the payment date is permissible and displaces the general cheque presentation rule relied on by taxpayers seeking interest, and cheques must be sent to the bank without delay. en-us Tue, 23 Jul 1974 00:00:00 +0530 Wed, 30 Jul 2008 14:19:00 +0530 TaxTMI RSS Generator Date of encashment of cheque is the date of payment of tax in terms of rule 81 of Treasury Rules https://www.taxtmi.com/circulars?id=4543 Date of encashment of a cheque constitutes the tax payment date where the department has prescribed conditions under the Treasury Rules; the Board's circular treating realised cheque proceeds as the payment date is permissible and displaces the general cheque presentation rule relied on by taxpayers seeking interest, and cheques must be sent to the bank without delay. Circulars Income Tax Tue, 23 Jul 1974 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4543