Bank account balance trf to rbi
This query is : Resolved
Prakash Naidu
(Querist)
17 December 2014
My account balance as been transfer to RBI due to non-operating of account,under RBI DEAF rule.
so anyone know how to get the balance back from bank and start using the account.
Thanks in advance
so anyone know how to get the balance back from bank and start using the account.
Thanks in advance
Amol S Joglekar
(Expert)
17 December 2014
https://rbidocs.rbi.org.in/rdocs/notification/PDFs/DEC27052014F.pdf
please follow the link, in which it is given that Bank has to claim the refund in FORM III.
So for the account holder, the procedure is simple.....go to the concerned bank, prove your KYC and demand the amount.
please follow the link, in which it is given that Bank has to claim the refund in FORM III.
So for the account holder, the procedure is simple.....go to the concerned bank, prove your KYC and demand the amount.
CA R SEETHARAMAN
(Expert)
17 December 2014
- In terms of paragraph 4 (i) of the Scheme, in case of demand
from a customer / depositor whose unclaimed amount / deposit had been
transferred to Fund, banks shall repay the customer / depositor, along with
interest, if applicable, and lodge a claim for refund from the Fund for an
equivalent amount paid to the customer / depositor.
from a customer / depositor whose unclaimed amount / deposit had been
transferred to Fund, banks shall repay the customer / depositor, along with
interest, if applicable, and lodge a claim for refund from the Fund for an
equivalent amount paid to the customer / depositor.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Gst credit note by supplier
- Missed uploading GST Invoice
- Query on effect of registration of property
- GST on reimbursement of expenses
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Whether output tax is taken credit by purchaser
- Wrong CMPo8 file
- Equity Share Sale and Purchase
- Additional trade name
- Visiting card purchase
- Classification of income of P Ltd company as business or profession
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
