In python, tcp connect returns success even though the connect request is in queue at server end. Is there any way to know at client whether accept happened or in queue at server?
The problem is not related to Python but is caused by the underlying socket machinery that does its best to hide low level network events from the program. The best I can imagine would be to try a higher level protocol handshake (send a hello string and set a timeout for receiving the answer) but it would make no difference between the following problem:

connection is queued on peer and still not accepted
connection has been accepted, but for any other reason the server could not process it in allocated time
(only if timeout is very short) congestion on machines (including sender) and network added a delay greater that the timeout

My advice is simply that you do not even want to worry with such low level details. As problems can arise server side after the connection has been accepted, you will have to deal with possible higher level protocol errors, timeouts or connection loss. Just say that there is no difference between a timeout after connection has been accepted and a timeout to accept the connection.
How to know the status of tcp connect in python?