Date of encashment of cheque is the date of payment of tax in terms of rule 81 of Treasury Rules
Circular: No. 141 [F. No. 400/2/74-ITCC], dated 23-7-1974.
1. Attention is invited to Boardâs Circular No. 3 [F.No. 16/5/69-IT(Coord)], dated 11-2-1969.
2. In para 5 of the above referred circular, it was stated that the date of tax payment would be the date on which the proceeds of the cheque were realised and credited to the Government amount.