Refund can be credited only up to <50L> due to name mismatch between Bank account and PAN. Please update the name in PAN or with bank.EVC can be enabled for this bank account.
I am facing this isse. Please help
Bipul Bipul
(13 Points)
Replied 24 August 2022
Refund can be credited only up to <50L> due to name mismatch between Bank account and PAN. Please update the name in PAN or with bank.EVC can be enabled for this bank account.
I am facing this isse. Please help
CA Rashmi Gandhi
(Chartered Accountant)
(86285 Points)
Replied 02 September 2022
Ayush
(Executive )
(6232 Points)
Replied 28 October 2023
If there's a name mismatch between your bank account and PAN card, it can cause issues with your tax return and refund. To avoid problems, it's important to update either your PAN or bank account details. Having EVC enabled on your validated bank account increases the likelihood of your refund being processed, even with a name mismatch.
CAclubindia
