Submit itr

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mahaveer dhelariya (devta) (Querist)
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12 September 2012 in online submit ITR return, if bank not have MICR code. how to fill up bank's MICR code in ITR return for indvidual.

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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13 September 2012 Mention 00000000.

In this case DO NOT select refund through ECS. Select paper mode of refund.

mahaveer dhelariya (devta)

mahaveer dhelariya (devta) (Querist)
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13 September 2012 CONTACT TO E-FILLING CALL CENTRE, THEN CALL ME RETURN WILL BE WRONG, AND SHOULD BE RECTIFIED.

mahaveer dhelariya (devta)

mahaveer dhelariya (devta) (Querist)
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13 September 2012 MENTIONED 000000000 (NINE TIMES ZEROS)
INSTEAD OF 00000000.(EIGHT TIMES ZEROS AND DOT)?? WHAT ANSWER

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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13 September 2012 No no, (.) was a full stop in my answer. Mention 9 zeros. The MICR code is of 9 digits.

mahaveer dhelariya (devta)

mahaveer dhelariya (devta) (Querist)
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13 September 2012 contact to e-filling call centre, then call me income tax return will be wrong, if you shown wrong micr code i.e. 000000000 (nine times zeros) shown in micr code column details.

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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13 September 2012 What solution has CPC provided? If the assessee holds a bank account in a bank which does not have a MICR code, then what is the assessee supposed to mention in the return?

Ask CPC this question.

In my opinion, mentioning zero in MICR code will not create any problem because the assessee is NOT opting for refund through ECS.

mahaveer dhelariya (devta)

mahaveer dhelariya (devta) (Querist)
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13 September 2012 cpc tell me, you should open bank a/c which have micr code.

CA VISHNU GAVKARE

CA VISHNU GAVKARE (Expert)
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14 September 2012 Bank has to have MICR Code cz that identifies bank. Without MICR it can not issue cheque book to its customers. Check out with bank. they will provide you.

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