Verification of the payments made by crossed cheques.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ute: Income - Tax Act, 1961 Attention is invited to the Board's Circular No.33 dated 29th December, 1969 wherein it was mentioned that the banks have been allowed to return the paid cheques to their ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ed by the bank of the payee and the bank after putting its stamp on the reverse side of the cheque, will return the cheque to the Payer's Bank. In case an assessee produces a paid cheque which has bee....