It refund cheque

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This query is : Resolved

PRASAD NALLALA (Querist)

26 September 2014 I had filed One of my client's ITR that i.e firm hence i have filed ITR-5, and this is refundable case and PAN Number on his firm name "sri vignaswara offset printers" but he has given his personal saving's bank account because there is no current account in his firm name, now he has get a refund cheque named "Sri Viganswara Offset Printers" with his personal bank a/c no , and his a/c passbook doesn't have any name like sri vignaswara offset printers but he is the absolute proprite of that firm (sole propritery ship), now what my query is that can he allow to clearance that cheque through his account which is mention on the cheque or any is there any procedure to get back his refund.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

26 September 2014 It is a sole proprietary firm then you should have filed the return in his personal name.
Contact the bankers if they agree no problem.

Nikhil Kaushik

Nikhil Kaushik (Expert)

26 September 2014 i believe some other querist had a similar problem few months back. The bank agreed to give him credit for the cheque. So talk to your bankers.

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