TMI BlogWhether interest u/s 234C of the Act is to be calculated based on date of clearing of the cheque or date...Whether interest u/s 234C of the Act is to be calculated based on date of clearing of the cheque or date of presentation of the cheque - Once the cheque issued by the assessee is encashed, the payment relates back to the date of receipt of the cheque - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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