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Refund Claim - CPC

SENTHIL SELVENDRAN (chartered accountant) (199 Points)

25 April 2011

One of my client filed return on his own but he failed to mention the correct a/c no. in the ITR. The CPC processed the ITR and determined refund and sent a response sheet to provide the correct account details because the ECS could not be credited - your a.c no.is incorrect.

He came to me to claim the refund, now what should i do?

1.Can we send the details they are requested through post to CPC?

2. or make the correction in the XML and then to upload rectification.

Which way i have to do?

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6 Replies

Devendra (Chartered Accountant) (4775 Points)
Replied 25 April 2011

WRITE A LETTER TO THE CPC STATING THE CORRECT BANK ACCOUNT NUMBER, MICR CODE NUMBER AND THE TYPE OF ACCOUNT. ALSO ATTACH A CANCELLED CHEQUE WITH THE LETTER.

REGARDS,

DEVENDRA K

CA. Arpita Singhal (Partner) (100 Points)
Replied 26 April 2011

Write a reply to CPC with correct A/c No., Bank Name & MICR code & do attach a copy of cancelled cheque &fill the response sheet sent by CPC Bangalore in full, send it back to CPC Banglore.

We are doing it & our clients have received their refunds.

Nitin Grover (CS) (1228 Points)
Replied 26 April 2011

Dear Senthil

give reply as per they asked viz. write a letter and enclosed copy of their letter, copy of your ack. no, proof of yours correct bank details (copy of bank acount front page, etc.)

Regards

CA Seema Kochar (CHARTERED ACCOUNTANT) (636 Points)
Replied 26 April 2011

send the details they are requested through post to CPC.

MichaelP (New Delhi) (21 Points)
Replied 28 April 2011

I saw a news that says about refund claims which apparently a another major issue for everyone. The news says that the financial analysts have noted that tax preparing giant H&R Block has just filed another quarterly statement. During one of the busiest times of the year for a firm specializing in income tax return preparing, Block managed to post a loss. Refund loans are going extinct, as legislation is making the loans extremely hard for any companies to offer. I guess people will just have to take out a short term personal loan to pay their filing fees.

ViktoriaS (Cash Advances US) (21 Points)
Replied 25 May 2011

If you don't receive the refund after 4-6 months, kindly write an application alongwith a copy of Income Tax acknowledgement with respective ward. Then the concerned officer/inspector/clerk will guide about the time required for receiving the refund. The I.Tax department will send refund order by speed post to the address mentioned in incme tax return. If the address changed or incomplete, then you have to visit to Income Tax office for collecting the Income Tax refund in person or send somebody other alongwith authority letter. There is no any need of paying any fees and this very fact can prevent you from asking how to get a loan your friends and family.