Income tax refund in prevalidated bank account only?

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student
66 Points Posted on 25 January 2021
Shall i receive Income tax refund if i have not prevalidated my bank account on income tax portal for a.y.2020-21.
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On 25 January 2021 at 11:19 Report
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Quick Summary
This discussion clarifies whether prevalidating your bank account on the income tax portal is mandatory to receive your income tax refund. It confirms that prevalidation is indeed a requirement for refunds for Assessment Years 2019-20 and 2020-21. While initially debated as a safety feature, the consensus is that it's now a mandatory step for receiving your refund.

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17 Points Posted on 25 January 2021
No, prevalidation of bank account is must for refund.
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On 25 January 2021 at 12:00
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student
66 Points Posted on 25 January 2021

for a.y. 2019-20 also? When was it became mandatory to prevalidate bank account?

 

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On 25 January 2021 at 12:05
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Tax consultant
5895 Points Posted on 25 January 2021
Prevalidation is mandatory for refund
even for AY 2019-20
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On 25 January 2021 at 12:17
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17269 Points Posted on 25 January 2021
Pre-validation is additional safety feature for refund issued by CPC. is it mandatory ? I don't think so.
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On 25 January 2021 at 13:37
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106 Points Posted on 25 January 2021
No, it is not necessary for Prevalidation of Bank account. You have to mention details of the bank account in which you want to receive refund. Prevalidation is just a safety measure.
Thanks and Regards,
RA.
1 Reply
On 25 January 2021 at 21:31
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Tax consultant
5895 Points Posted on 25 January 2021
For refund yes mandatory otherwise not
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On 25 January 2021 at 21:37

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