Payment of Tax on last date through cheque but cleared after seven days

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Recently I came into question of the case where a person issued a cheque for payment of IDS on dated 31.03.2017 (last date of second instalment) but the cheque was clear on 07.04.2017. Because there was banking channel to clear the cheque.

May 10, 2017 at 03:50PM

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from editor2

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