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Is third party cheque bouces in my account, bad for my records or not


12-Jun-2023 (In Cheque Bounce Law)
1) third party cheque bouces in my account, bad for my records or not? 2) cheques entry in current account to be BILLED with tin/vat compursory ? 3) max cash diposit and cash withdrowal good for records?
Answers (2)

Answer #1
881 votes
For your all queries, please consult with any good accountant who have knowledge of accounts and all. This is not the right platform. Please ask any query in context of law or legality. Thank you so much.
Answer #2
609 votes
If 3rd party cheque bounced in your account its not bad for you. You can withdraw any amount that you want from your account therr is no problem in withdrawing max amount howevet fpr current account every bank has criterea to keep minimum balance in account

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