Quarry for clearification on bank ac details for refund .
This query is : Resolved
Dharmesh Gupta
(Querist)
26 July 2017
Please clearify that if a properitor of a business who files return as an individual &he runs a properitorship firm as name of the entity for which he shows income in his return of 2017-18 already linked to his pan in both bank acount&income tax site &he fills details of his entity name of bank acount selected for refund issue i.e.abc.&co &his name in pan is mr.ram .will the itd credits his rund in his bank ac which is in the name of entity i.e.Abc&co or he has to revise the return putting bank acount &details in his individual name acount which is also given in Itr but in other bank account detailsstarting at no-2. pl.clearfy &oblige?If not the remdy &procedure,please.
26 July 2017
Yes. He can give the Business account for Refund.....
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Tax on Amount transferred in HUF Account
- Nursery business
- GST input credit on commercial property
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Working on Gold wastage during Melting of old gold jewellery
- TDS on Dashcam rent and allied services
- Capital gains in IT returns
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Intimation under section 245
- IMS (import of goods) ITC related
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
