Query? regarding refund as bank a/c belongs 2 his trade name

Efiling 367 views 2 replies

Query ??????? very urgent !!!!!! plssss responseeeeeeeee..
 

I have already submitted online return for a.y 2012-2013 WITH INCOME OF RS 20,62,500/= AND TDS OF RS 20,625/= U/S 194C of my client who is a Labour Contractor . Trade name of the business :- M/S. XYZ ( AS AN EXAMPLE & Status: Sole Proprietorship Business ) and 

PAN no registered with IT DEPARTMENT WITH HIS OWN NAME NOT HIS TRADE NAME 

But, Unfortunately, his Bank Account No. belongs to HIS OWN BUSINESS NAME .

Question :-

 

Is there may be any difficulty regarding PAYMENT OF REFUND AMOUNT THROUGH ECS system

?????????.

Thanks.

Replies (2)

Friends,

Any feedback on this interesting matter.

Well, Palash why don't you advise your client to open a new account in his name and file a revised ITR.

Thanks,

Bank won't open a current account without the PAN. Your PAN details are registered with the bank where your company has a current account. So, I think you will get your refund without any problems. Since it is a proprietorship concern, whatever name you use for your company, you will have to use your own PAN.


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