Refund sent being rejected by Bank reason given "OTHERS"
This query is : Resolved
04 August 2020
Sir,
Despite confirmed correct Bank details profile and PAN, Refunds sent by SBI/CPC via NECS to NRO SB a/c, it kept on being rejected numerous times by the Bank reason given as "OTHERS".
The bank can't give any explanation what "OTHERS" mean .
Has any of out experts encounter similar issue. if Yes, how did it get resolved . 3 FY refunds are not being deposited via NECS. Every time have to apply for reissue of refund same thing is the outcome (rejected Reason "OTHERS").
Despite confirmed correct Bank details profile and PAN, Refunds sent by SBI/CPC via NECS to NRO SB a/c, it kept on being rejected numerous times by the Bank reason given as "OTHERS".
The bank can't give any explanation what "OTHERS" mean .
Has any of out experts encounter similar issue. if Yes, how did it get resolved . 3 FY refunds are not being deposited via NECS. Every time have to apply for reissue of refund same thing is the outcome (rejected Reason "OTHERS").
05 August 2020
I can't explain the reason for "OTHERS". But you may prevalidate your bank account on Income Tax e-filing website after logging in under Profile tab. After that apply for reissue of refund for the relevant AY. I believe this will do and you might be able to receive your refund.
05 August 2020
Sir, I 've been applying for reissue of refund, also prevalidating profile with bank account. it says already validated. 3 cases are there and have been doing the reissue for good 15 times now. same rejection reason "Others". In the NSDL portal it states to make the AO request refund authority to reissue the refund. That I may supply the Bank details . That too Ive done. Still not getting resolved.. Unfortunately refunds are not anymore being issued by cheque of which I've made request. This issue started only upon changing the resident SB a/c to NRO a/c 3 years ago.
05 November 2021
Seems to be issue with the bank. The bank needs to be changed.
05 November 2021
Finally it got resolved after getting the MD-CEO of the Bank to get their tech to fix the issue. What they did is not known to me. Am happy it is over. My repeated approaching the Bank was not getting anywhere nor my reply to SBI/CPC that the accounts were correctly link with PAN. However thanks for those who did gave suggestions.
06 November 2021
Happy to learn that the problem resolved.
Good Luck...
Good Luck...
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
- CG Tax On residential property
- Post Office RD Interest
- Applicable TDS for Purchase of Flat from NRI
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- Eway bill for machinery reparing
- Gift of mutual fund units to daughter
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Annual return of gst limit
- TDS ON CASH WITHDRAWALS...
- Not able to file ITR
- Building tax payment deduction in rental Income
- Foreign inward in ITR
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
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
