IF MICR CODE COMPLOSRY IN EFILING OF INCOME TAX RETURN?IT,S NOT AVAILABLE THAN WHAT SHOULD BE DONE..
Bhavik Damani
(Student)
(67 Points)
Replied 27 August 2012
MICR is compulsory only in case refund be deposited direct in your bank account.. if you file your return with refund of tax then it is compulsory in any other case, not compulsory.. you can file return without disclosing MICR. MICR is available in cheque book.
C.A. Jignesh N. Mehta
(C.A.)
(1030 Points)
Replied 27 August 2012
I am attaching herewith excel file with micr codes for various banks. search based on your branch.
NABIN AGARWAL
(ca final, m)
(45 Points)
Replied 28 August 2012
MICR is compulsory only in case refund and Return of Individual
garg.acu@gmail.com
(garg.acu@gmail.com)
(47 Points)
Replied 03 September 2012
MICR CODE COMPULSORY FOR REFUND DIRECT IN BANK ACCOUNT.
IF YOU DID NOT FIND YOU BANK MICR CODE YOU FILL UP THERE 000000000 AND YOUR REFUND GET ON YOUR ITR ADDRESS BY CHEQUE