Can i give two account details ( Acct no & MICR ) in ITR for an individual having no taxable income as there is only one place for such in ITR form.
CS Alok Mishra (Income Tax Practitioner) (786 Points)
08 April 2013Can i give two account details ( Acct no & MICR ) in ITR for an individual having no taxable income as there is only one place for such in ITR form.
Giridhar S Karandikar
(Team Lead)
(7543 Points)
Replied 08 April 2013
Bank Account details are mandatory only if the assessee has any refund receivable from the dept. Otherwise it is not necessary.
The following bank details are required to be given:
Bank Account Number
Name of Bank
MICR Code
CS Alok Mishra
(Income Tax Practitioner)
(786 Points)
Replied 08 April 2013
| Originally posted by : CS Alok Mishra | ||
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@ Giridhar Bank name is not required in ITR form if you fill it after downloading from Income tax site. Only Bank Act no & MICR details are required. My question was whether i can give two account nos in single ITR form? If you do not give your acct no then it will be termed as defective return as the coloumn has been made mandatory from AY 2012-13. Plz correct me if m wrong.. |
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Bank details are mandatory in ITR.. Plz enter only 1 a/c no. and corresponding MICR code
Khushbu Jaiswal
(CA Finalist)
(528 Points)
Replied 08 April 2013
Yes only bank a/c no. and MICR code is required to be filled in ITR. You can not give two Bank A/c details because there is only one place for such.
Besides this the MICR code cell will not accept more than nine digit then how will u give two bank details.
CS Alok Mishra
(Income Tax Practitioner)
(786 Points)
Replied 08 April 2013
CS Alok Mishra
(Income Tax Practitioner)
(786 Points)
Replied 08 April 2013
@ khushbu... I also know the same. I had asked that if there is any way to do so..... did not said that i will be doing such..
Anyways..
Thanks
be blessed....
ALOK
CA Kumar Mukesh
(CA CMA FINAL and Advance Excel Trainer)
(6876 Points)
Replied 08 April 2013
| Originally posted by : Giridhar S Karandikar | ||
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Bank Account details are mandatory only if the assessee has any refund receivable from the dept. Otherwise it is not necessary. The following bank details are required to be given: Bank Account Number Name of Bank MICR Code |
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Disclosure of bank A/c details is necessary while filling of ROI
Its advisable to you please mention one of bank a/c detail oprated with CBS (Core banking Solutions) environment
Ganeshbabu K
(Audit and Tax Advisory)
(48559 Points)
Replied 09 April 2013
now it is mandatory fields..in itr
you should give those details
CS Alok Mishra
(Income Tax Practitioner)
(786 Points)
Replied 09 April 2013
Thanks to all CCI'ts .. May god bless you all
CAclubindia
