LIVE GST Certification Course by CA Arun Chhajer begins 27th April. Register Now!!

Problem in filing itr

Priya (Ca Final) (188 Points)

20 June 2013

My current bank account no 4 digit but in ITR require 11 digit account no.My return not vilidate due to bank account no.

Plz suggest any option for ECS.

Reply
Follow
Share

11 Replies

CS Abhijeet soni Advocate (CS LLB MCOM MBA (FINANCE) MPHIL CA INTER PGDCA PGDA&PR ) (931 Points)
Replied 20 June 2013

now today every bank account having 11 digit account no please consult the bank and get new 11 digit account number.

Priya (Ca Final) (188 Points)
Replied 20 June 2013

Bombay Mercantile bank does not have IFSC code also.for that i open virtual account but i account no remain same..

Saurabh Maheshwari (B.com,ACA) (5923 Points)
Replied 20 June 2013

Hi Supriya.....use first 7 digits as ZERO and then remaining 4 ...I hope it will work.

Vishal (Student) (154 Points)
Replied 20 June 2013

Hi Supriya,

Mr. Saurabh is right, you can put Zero in seven blocks just befor four digit. It will work.

Income Tax Software: - https://www.kdksoftware.com

Priya (Ca Final) (188 Points)
Replied 21 June 2013

How can we assume 0 digit .This is bank account no this will be cross verify by I T Department.

C.A SUVAJIT SAHU (CA ( In Practice )) (708 Points)
Replied 21 June 2013

hi supriya...............

In banking system when an account is migrated from old system to CBS sysytem , old 4 or five digit account number is replaced by 11 digit number.

You have to contact with your banker for the 11 digit account number.

1 Like

pradip kumar ghatak (propriter) (24 Points)
Replied 21 June 2013

when i open ITR1 for 2013-14 then show comliper error in hidden module:Module3

1 Like

kcagarwal (chartered accountant) (103 Points)
Replied 24 June 2013

I AGREE WITH THE VIEW OF MR SUAJEET SHAU. I think that Supriya should contact the bank for new number. MOREOVER, during the year 2013-2014, the Income tax Dept is requiring the I F S C Code, instead of MICR CODE. But the some branches of the bank are not having I F S C Code, and in that case, in my view 0000000 should be noted in information.

C A K C AGARWAL

ALLAHABAD

1 Like

Amar (selfemployed) (106 Points)
Replied 27 June 2013

You can file your return by opting for Refund by means of a Cheque instead of direct credit to your account. In this case, your 4 digit account number will not cause any hinderance and your return will get validated.

1 Like

J S BHAVSAR (CONSULTING) (1288 Points)
Replied 02 July 2013

I raised a similar question to this and many other forums recently. I initiated a dialogue through email of feedback1 @ incometaxindia.gov.in and nothing came out of that. They dont even read what we are writing. Reply is always: as per ITR we need bank account 11 digits or more, and IFSC code.

How can a IT department force people to provide a bank account on ITR form is first question. Even developed nations keep the liberty to the taxpayer whether he wants refund or a cheque and if cheque is mentioned, the requirement of bank account and routing number does not exist.

Here there is no office where we or anyone can complain to tell that this is error. Who programmed the excel sheets, who gave them orders that everyone must provide bank account even if no refund or choice for cheque is made? Is India really under democracy?

Even if you indicate that you need a cheque mailed "in case there is refund" they still want a bank account? Why?

Many taxpayers have bank accounts in co-operative banks or post office and that is their main account. If that financial institution does not have CBS(Core Banking Services) then is the taxpayer responsible for that? If person is in village earning income more than 5 Lakh, should he go to district place, open one account which is CBS type and then file return? why is that step not mentioned in the ITR excels instructions?

And even CA lobby is not ready to take on the tax establishment CBDT and MoF on these pressing issues which are troublesome.

Prabakar (employee) (25 Points)
Replied 26 July 2013

My account number is 10 digit and I faced the similar issue while filling returns. I checked with my bank and they mentioned that they provide only 10 digit account number. Later I checked my salary slip and it has a "N" infront of my account number which will make it to 11 digit.

Can I use my account number starting with N to fill the itr form.