On Line IT Refund for 16 digit Bank Account Numbers

5717 views 4 replies

 In e-Filing of IT Returns, maximum allowed limit is 15 digits for online credit of refund directly to the account.

To my knowledge only Punjab National Bank has 16 Digit Bank Account Numbers. It is not possible to enter the 16 digit accounts numbers when the maximum allowed limit is 15 digits. Due to this limitation the correct account number does not reflect in the IT Return and the account holders of PNB are deprived of this benefit.

How to address this problem, please advise.

Regards,

Sanjay

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Replies (4)

Write to CBDT for modification in the forms. Best option is not to go for ecs.

Dear Sir,

Happy Maharashtra Day in advance,

This is for my brother whose profile id is ZAV0040 on jeevansathi.com and hkashar on shaddi.com. In case you like to communicate further, kindly contact me.

Regards,

Prof. CA. Vimal K. Ashar.
18, Kamal Bhuvan, Jivdaya Lane,
Agra Road, Ghatkopar (W),
MUMBAI - 400 086.

(M) 9833558902 / 9833527810 / 022-20353584
(O) 25158902 / 25127810
(R) 25118884 / 25116382

Email. : vkashar @ hotmail.com, vkashar @ yahoo.com

 

i think intimation to central board of direct taxes for modificaion of the form. with regards shaleen srivastava ca final

I have forwarded the message to IT Department to revert back on this limitation of 15 digits.

Yes the matter should be taken up with either CBDT or Ministry of Finance to get a resolution of this problem.

This limitation of 15 Digits will deprive all Account Holders of Punjab National of direct credit of Refund to their accounts.

To comply with the norms to provide Account Number the following problems will be encountered by the assessee:-

1.The assessee tries entering 16 digit account number but the return does not accept the same;

2.In order to file the return, incomplete account number will be furnished by deleting one of the 16 digits;

3.Assessee will find it easy to open another Bank Account to provide 15 digit account number.

The above problem will be faced by the assessees/consultants while E-FILING of IT Returns of the assessees having their Bank Account with PUNJAB NATIONAL BANK.

Sushma

 

 

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
20 July 2026
Senior GST Executive

Chandak Agarwal & Co

Mumbai

Graduate (Any)

View Details
Company
ARTICLESHIP 16 July 2026
CA Article

Pipara & Co. LLP.

Mumbai

CA Inter

View Details
Company
Featured 18 July 2026
CA Articleship

apricus india

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 07 July 2026
Articleship

Jawahar and Associates Chartered Accountants

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 17 July 2026
Article Assistant and B.com pass

BANSAL YOGESH AND CO

Gautam Budh Nagar

B.Com

View Details
Company
Featured 16 July 2026
CA Inter, CA Intermediate, CA IPCC, CA CPT, CA SemiQualified

Vakilsearch.com

Chennai

CA Inter

View Details
Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

G A R U D & Associates

New Delhi

CA Inter

View Details