PAYMENT BY CHEQUE BANK NOT GIVING RECEIPT

Ques:Anusha Balaji M.com A.C.A has raised a question that banks are not giving receipt of challan on payment through cheque on tender date ,but giving receipt only after cheque clearance and some time date of cheque deposit is with in due date but clearing date is after the due date ,In such cases the assessee cannot take the risk of disallowance for delays in the banking system.

and many members also have raised same points and conveyed his concern regrading the above issue.

Ans:Though I am in the of the view that bank should give tender date on the challan But I think this is not an issue at all,why I think so please check it out

• Though the bank has not giving proof to us challan tender date ,but the bank prepare multiple record regarding cheque receipt ,which can be called for if any penalty is leviable by any authority.so not to request bank officials to put tender date for every challan .I think no body has qualification regarding above that bank has multiple record regading check receipt date.
• The new thing I would like to add that bank are also sending data of challan tender date and clearing date to Income tax deptt and it has been managed by NSDL for income tax deptt.and we can also check that from NSDL website any ways ....
• when we check tan based view from Nsdl website after puting tan , we have the results under following column
  

No

BSR Code

Challan Tender Date

Challan Serial No

Received Date

Major Head code

Minor Head Code

Nature of Payment

Amount *

In the above column Challan tender date has been clearly shown ,I think many have checked this but some has missed.Any how, if we have digital online record available with us than I think we should not waste time in argument with the Bank Staff .

The problem is solved as far as the matter related to TDS.

Now the advance tax,self assessment etc means tax deposited on PAN ,regarding this we can check the same by registering for pan login (form 26AS)

CA RAJAN GUPTA

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