NRE account -account type issue in AY2025-26 Tax Filing


This query is : Resolved 

Quick Summary
A user is encountering an error when filing taxes for their NRI daughter for AY2025-26. The system incorrectly displays 'bankacctypes.9' for the NRE account type instead of 'NRE', preventing tax submission. While one suggestion is to classify the NRE account as NRO, the user is concerned about validation issues and the tax implications of interest earned on NRE accounts. The lack of an explicit 'NRE' option in the relevant section is the core of the problem.

24 July 2025 For my NRI daughter, I had entered both the NRO and NRE account details under Profile section.
These bank details are automatically transferred to the Bank Account details under the Part A 'General Information' schedule. After entering all the details for filing and at the time of final validation, it is giving an error - Category of Defect A : Field : Type of Account Error Desc : Pls select type of account.
On scrutiny of the Bank Accounts under 'Bank Details' under General Information- in the NRE bank account , the Type of Account is showing a value 'bankacctypes.9' instead of 'NRE' . NRO account type is fine. On getting into the details of the type of account allowed it is NOT showing the 'NRE' account type. This is causing the error I think. What is the solution? Is NRE account details need to be mentioned as interests in this account are tax free?

24 July 2025 As the provision of NRE is not available, you may declare the account under NRO itself.

24 July 2025 Problem is under Profile section for Bank details - there is an option for NRE type of account and the NRE account with details is validated. In the site it also mentions - you cannot use the account for Refund. If I make the account NRO it may not be validated.

24 July 2025 If it doesn't get validated; file complaint under 'Grievance' for its quick resolution.

25 September 2025 Good luck...


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