ITR e-filing query

MR. R....halpfull hand is back

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297 Points Posted on 30 July 2010

micr yes but bank no... no

CA CS Akashdeep Singh

Practicing CA

1394 Points Posted on 31 July 2010

I am not understand,"micr yes but bank no... no"

Please confirm me!

MICR code is always same for different A/Cs of the same bank and same branch (You can confirm it from your check book) So no question of using other's MICR code arises. For claiming refund you must have to give your own A/C no.

shyam sundar

Article Assisstant

183 Points Posted on 31 July 2010

we can easily trace MICR No, but its not possible to find the account no.

Bimal Thacker

Proprietor

767 Points Posted on 31 July 2010

In case of refund cheque name and account no. is mention, if you give account no of other person, the same will not be deposited in your account or other person account. MICR will work when online deposit of refund will started.

Shwetha

CA Final

67 Points Posted on 31 July 2010

Both account no: and MICR code should be given...

kanagaraj

CHARTERED ACCOUNTANT

793 Points Posted on 31 July 2010

hi,

the Payment cheque includes both name and ac number, it both are not tally then bankers return the refund cheque. Some times the IT dept take action to attach the bank ac then the party who gives the number will be in trouble