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Why is a cheque in India returned with a return code 40 saying present with document?
Why is a cheque in India returned with a return code 40 saying present with document?
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ArunAnswered on September 20,2018
Cheque gets returned due to a number of reasons such as insufficient funds, illegible signature, payment stopped by court order etc. Each of these cheque return reason is given a return code.
Return code 40 means that cheque needs to be presented with documents to confirm the veracity of the cheque. Paying bank might request the cheque holder to bring a certified copy of cheque duly sealed and signed by the bank manager.
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- My pm kisan samman status is showing payment processed in first installment & remaning are blanked as account is inactive due to income tax payee. Since I am submitting my Zero tax return from 2020-2021, whether I am eligible to get benefite of kisan samman nidhi ? Write Answer
- I was income tax payee in FY 2019-2020 & after that submitting Zero ITR. Whether I am eligible to get benefited of pm kisan samman Nidhi ? Write Answer
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