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TDS details in report Audit ?
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posted on 30 Aug 2024
Sec-138 of NI act deals with dishonour of cheque due to insufficient funds.
Sec-138 of NI act makes dishonour of cheque due to insufficient funds a criminal offense.
The payee must give a notice to the drawer within 30 days of dishonour of cheque.
If the drawer fails to make the payment within 15 days of receiving the notice, legal action can be taken.
The punishment for dishonour of cheque under Sec-138 can include impris...
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