Ifsc code for compu tax

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

27 March 2014 Hello,

How to submit returns in Compu Tax Software without using IFSC Code, if IFSC Code not available of Chhattisgarh Gramin Bank, Champa.

Nikhil Kaushik

Nikhil Kaushik (Expert)

21 April 2014 See if this helps:

Question: Many of the assessees are having Banking Account only with Co-operative Banks and these Banks do not have the IFSC Code. SInce the IFSC Code is mandatory for e filing, these assessees are not able to e file the ITRs
Answer:

Clarification received on 20-9-2013 from the Additional Director of Income-tax (Systems), New Delhi in respect of mandatory requirement of mentioning of Bank Account No. & IFSC Code in case of Foreign Companies in ITR-6

In case of Foreign Companies not having a bank Account in India, the below mentioned information may be given in the ITR-6.

In the space meant for Bank Account No. put ‘999999999’ i.e. 9 times 9 and in IFSC Code put ‘NNNN0NNNNNN’ [the fifth digit being ‘Zero’ and NOT alphabet ‘O’], in all cases where there is no bank account available in India.

In view of above, in all cases of Foreign Companies not having a bank account in India, the ITR-6 for Assessment Year 2013-14 can be filed by mentioning the aforesaid Bank Account no. and IFSC Code.

This clarification is received in respect of foreign companies but no clarification has yet been received for co-operative banks.

source: https://www.wirc-icai.org/faq.aspx?AspxAutoDetectCookieSupport=1

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