LIVE GST Certification Course by CA Arun Chhajer begins 27th April. Register Now!!

Bank account no

amarender (CA-Final) (165 Points)

10 February 2016

hello sir, it's compulsory shown bank account no of assessee in the ITR for the purpose of refund, may i show any other person bank account in ITR FORM for Refund?

Reply
Follow
Share

12 Replies

Jayesh NP (Tax Practitioner) (154 Points)
Replied 10 February 2016

You should provide the Bank account number of the assessee.

Jaspal Singh (Practising CA) (321 Points)
Replied 10 February 2016

No.account must belong to the assessee whose return is being filed.

amarender (CA-Final) (165 Points)
Replied 10 February 2016

it is mandatory for providing assessee acount no ?

amarender (CA-Final) (165 Points)
Replied 10 February 2016

In case i shown in my ITR Any Other person (like Relatives or friends) bank Account No In My ITR, Then may i get refund From Dept? it's possible or not ? pls tell me sir its urgent....

S. Shiroor (Others) (1207 Points)
Replied 10 February 2016

When refund is sent to a bank account. The Name , PAN No of assesse should match with account of Bank - other wise the refund will be reversed.

STRICTLY ACCOUNT NO SHOULD BELONG TO ASSESSEE ONLY.

Abhay ( CMA) (151 Points)
Replied 10 February 2016

no, you have to provide bank account no of urs.

ANKUR (ARTICLE) (44 Points)
Replied 10 February 2016

If you not provide bank account of assesse then refund will be goes back due to not match of Name .

Maniratnam Anna (Student CA Final ) (22 Points)
Replied 10 February 2016

It should Tally with the IT dept records with Bank records. Otherwise the refund will be reversed

Hitesh Khanna (Accounting & Finance Taxation Company Law Audit ) (839 Points)
Replied 10 February 2016

In case there is a refund, it won't be credited in bank. Either you will get a cheque from department along with a letter from Department or simply a letter/ mail to provide the correct account numbrrbso as to initiate refund.

Sathish M (Management Accountant) (40581 Points)
Replied 10 February 2016

If the refund amount pertains to you, then why there is a need to show some other persons Bank Account details ? Isn't that money which the government has received in the form of TDS or otherwise, not belonging to you?