INCOME TAX REFUND.

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This query is : Resolved

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If you're having trouble receiving your income tax refund due to bank account validation issues, the primary solution involves pre-validating your bank account on the income tax e-filing portal. Ensure your bank account details, especially the name, exactly match your PAN records to avoid mismatches. If a name discrepancy is the problem, update it with your bank to align with your PAN data. After successful pre-validation, resubmit your refund re-issue request. If the issue persists, double-check your IFSC code and account number before submitting a new request.

CMA ALKESH PATEL

CMA ALKESH PATEL (Querist)
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26 June 2020 HELLO SIR,
ONE OF MY CLIENT HAS REFUND IN INCOME TAX F.Y. 2018-19
I FILED RETURN AND ITR PROCESSING COMPLATED. BUT REFUND IS NOT RECEIVE AND I SUBMIT REFUND REISSUE REQUEST,
AND AGAIN IT FAIL WITH REASON,
"BANK ACCOUNT VALIDATION THROUGH ECS MANDATE FORM"
WHAT CAN I DO?
I ALSO GO AT BANK , BUT BANKER IS NOT KNOWN ABOUT THIS MATTER,
PLEASE GIVE ME PROPER WAY FOR GETTING THIS REFUND IN DETAIL.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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26 June 2020 How to pre-validate your bank account

Step 1: Go to www.incometaxindiaefiling.gov.in and log in to your account. The user ID to enter your account is your PAN number.
User-ID-Logging
Step 2: After logging in, click on 'Profile Settings' tab in your account and then select 'Prevalidate your bank account' option in profile-settings

CMA ALKESH PATEL

CMA ALKESH PATEL (Querist)
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26 June 2020 I CAN DO THIS PREVALIDATE BANK ACCOUNT BUT FAILURE
REASON - BANK ACCOUNT VERIFACTION DETAIL FAILED BECAUSE OF TECHNICAL ISSUE WITH BANK.

CMA ALKESH PATEL

CMA ALKESH PATEL (Querist)
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26 June 2020 ANY OTHER WAY TO GET REFUND BY CHEQUE ?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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26 June 2020 Not possible by cheque. Update another bank account.
Step 3: If you want to receive the income tax refund in different bank account, then click on 'Add'.
pre-validated-bank-accounts
Step 4: A new page will open and you will have to enter these details: bank account number, account type, IFSC, bank name, bank branch and your mobile number and email ID.
bank-account-details
The mobile number and email ID to be provided here must be the same as mentioned in your bank records.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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26 June 2020 Name mismatch is the reason. You may change the name given in bank exactly as in PAN data base. Then account can be pre validated. After that submit 'refund re-issue request' through income tax portal.