Income tax return


This query is : Resolved 

24 July 2014 Whether any partner can enter his personal account for income tax refund in ITR of partnership firm, as firm has closed bank account.

24 July 2014 no as they may first verify better go for cheque..................

24 July 2014 Cheque option has been removed for refund from this year.

24 July 2014 Cheque option has been removed for refund from this year.

24 July 2014 then better u open account in firms name and then give that a/c number

24 July 2014 It usually take more than one week for opening firm account. Also the firm is not doing any business, so firm has to pay more than refund as account maintenance charges. Is there any restricted guidelines on the same?

25 July 2014 then dept will not allow partners account no then what is the alternative.


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