Refund Correction Correct Process!
This query is : Resolved
12 June 2011
what is the exact/correct process of the correction in the Refund Cheque in regard to Bank Account.Bank Account correction may be required due to reasons like bank account wrongly got mentioned at the time of filling of ITR, Bank Account got closed by client which was filled at the time of filling of ITR etc.
1. What client should do at the time of getting refund cheque with wrong account number?
2. Whether there will be different process for E-filled ITR's and Manual Submitted ITR?
3. What is the tentative time it will take to get the revised cheque?
1. What client should do at the time of getting refund cheque with wrong account number?
2. Whether there will be different process for E-filled ITR's and Manual Submitted ITR?
3. What is the tentative time it will take to get the revised cheque?
12 June 2011
i) Send a letter to CMP, State Bank of India at SBIFAST 31, Mahal Industrial Estate, Off Mahakali Caves Road, Andheri East, Mumbai - 400 093, Phone Number: 18004259760 stating the bank account number and MICR number of the bank to which the refund is to be despatched.
ii) Send a copy of the above letter to your Assessing Officer.
iii) Retain a copy of the letter with you.
ii) Send a copy of the above letter to your Assessing Officer.
iii) Retain a copy of the letter with you.
12 June 2011
Whether informing the AO is also required in case of Online filling of ITR's also as normally local AO's are not entertaining E-filled ITRs
20 July 2025
Here’s the correct process for refund cheque correction related to bank account details along with answers to your specific questions:
1. What should client do on getting refund cheque with wrong account number?
If Refund Cheque is issued with wrong bank account number (due to wrong details in ITR or closed account):
Do NOT encash the cheque.
Send a letter to CMP (Centralized Processing Centre), SBI, Mumbai requesting reissue of refund with correct bank account details.
Address: CMP, State Bank of India, SBIFAST 31, Mahal Industrial Estate, Off Mahakali Caves Road, Andheri East, Mumbai - 400 093.
Phone:
Include in the letter: PAN, assessment year, refund cheque number, incorrect bank account number printed, correct bank account number, and MICR code.
Send a copy of the above letter to your Assessing Officer (AO).
Keep a copy of both letters for your records.
If you have physical refund cheque, you may need to return the original cheque to CMP with your letter (check with CMP guidelines).
If E-Filing was done, you can also submit a refund reissue request online:
Login to Income Tax e-Filing portal.
Go to “My Account” > “Refund Reissue Request.”
Choose mode ECS and enter correct bank details.
Submit the request online.
2. Is the process different for e-filed ITRs and manual filed ITRs?
Yes, there is a slight difference:
E-Filed ITRs:
You can submit refund reissue requests online through the Income Tax e-Filing portal easily, which speeds up the process.
Still advisable to inform your AO by letter or email as a follow-up.
Manual Filed ITRs:
Usually, the process is offline. You have to write letters physically to CMP and AO.
You might not have access to online refund reissue options, so manual communication is essential.
3. Tentative time to get the revised cheque
Typically, it takes around 4 to 6 weeks for the department to process the refund reissue after receiving your request.
Online requests generally get processed faster than manual ones.
Keep track of your request status via the e-filing portal or by contacting CMP.
Additional tips:
Always keep your bank account details updated correctly in your ITR to avoid such issues.
If refund cheque is received with incorrect bank details, act immediately to prevent delay.
Follow-up with AO if no response within 4-6 weeks.
1. What should client do on getting refund cheque with wrong account number?
If Refund Cheque is issued with wrong bank account number (due to wrong details in ITR or closed account):
Do NOT encash the cheque.
Send a letter to CMP (Centralized Processing Centre), SBI, Mumbai requesting reissue of refund with correct bank account details.
Address: CMP, State Bank of India, SBIFAST 31, Mahal Industrial Estate, Off Mahakali Caves Road, Andheri East, Mumbai - 400 093.
Phone:
Include in the letter: PAN, assessment year, refund cheque number, incorrect bank account number printed, correct bank account number, and MICR code.
Send a copy of the above letter to your Assessing Officer (AO).
Keep a copy of both letters for your records.
If you have physical refund cheque, you may need to return the original cheque to CMP with your letter (check with CMP guidelines).
If E-Filing was done, you can also submit a refund reissue request online:
Login to Income Tax e-Filing portal.
Go to “My Account” > “Refund Reissue Request.”
Choose mode ECS and enter correct bank details.
Submit the request online.
2. Is the process different for e-filed ITRs and manual filed ITRs?
Yes, there is a slight difference:
E-Filed ITRs:
You can submit refund reissue requests online through the Income Tax e-Filing portal easily, which speeds up the process.
Still advisable to inform your AO by letter or email as a follow-up.
Manual Filed ITRs:
Usually, the process is offline. You have to write letters physically to CMP and AO.
You might not have access to online refund reissue options, so manual communication is essential.
3. Tentative time to get the revised cheque
Typically, it takes around 4 to 6 weeks for the department to process the refund reissue after receiving your request.
Online requests generally get processed faster than manual ones.
Keep track of your request status via the e-filing portal or by contacting CMP.
Additional tips:
Always keep your bank account details updated correctly in your ITR to avoid such issues.
If refund cheque is received with incorrect bank details, act immediately to prevent delay.
Follow-up with AO if no response within 4-6 weeks.
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