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IT REFUND FOR RESTRICATED REFUND

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This query is : Resolved

Quick Summary

If your Income Tax Return (ITR) refund is showing as 'restricted' despite your bank account being validated, it's likely due to a mismatch between your bank's data and the Income Tax Department's records. Even after completing KYC, this issue can prevent your refund from being processed. The recommended solution is to link a different bank account for your refund that is validated without any restrictions.

omnath

omnath (Querist)

19 May 2023 SIR
MR. A FILED IT RETURN FOR THE ASST -YEAR 2002-23 WITHIN DUE DARTE WITH IN REFUND CLAIM. BUT THE REUND NOT RECEIVED THILL DATE . THE REASON OF BANK ACCOUNT VALIDATED BUT REMARK FOR RESTRICITED FOR REFUND. MR A HAVE ALL READY FILED KYC TO BANK. HOW SOLVE THE PROPRELAM.
THANK

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

19 May 2023 Check the bank details provided in the ITR

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

19 May 2023 Refund will not get credited to the said bank account, till there is any mismatch between Bank & ITD data. Better link another account for refund, which is validated without any restriction.

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