https://www.taxtmi.com/article/detailed?id=5544 Payment by cheque is deemed made on the date the cheque is presented to the authorised bank provided the cheque is not dishonoured; payment becomes final upon realisation and credit to the Government account. Courts have held timely presentation at designated branches satisfies payment timing even if account credit occurs later, barring dishonour or assessees' lapse. Rule 2A (Point of Taxation) from 01.04.2012 makes date of payment the earlier of book entry or bank credit, with special treatment where bank credit follows a change in tax rate after four working days. en-us Sat, 29 Mar 2014 10:43:59 +0530 Sat, 29 Mar 2014 10:43:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5544 Payment by cheque is deemed made on the date the cheque is presented to the authorised bank provided the cheque is not dishonoured; payment becomes final upon realisation and credit to the Government account. Courts have held timely presentation at designated branches satisfies payment timing even if account credit occurs later, barring dishonour or assessees' lapse. Rule 2A (Point of Taxation) from 01.04.2012 makes date of payment the earlier of book entry or bank credit, with special treatment where bank credit follows a change in tax rate after four working days. Articles Service Tax Sat, 29 Mar 2014 10:43:59 +0530 https://www.taxtmi.com/article/detailed?id=5544