I have an account in bank of India, due to wrong ifsc code, intimation was received for refund failure. further i submitted correct bank details in prevalidate bank account section in income tax portal and status is showing "submitted" from so many days and no response has yet been received from department. what course of action should I take further for refund. is bank of India registered in list of department for refund sanction?
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Quick Summary
If your refund has failed due to an incorrect IFSC code with the Bank of India, you should submit your correct bank details via the pre-validate bank account section on the income tax portal. If the status remains 'submitted' for an extended period, consider using the 'Refund reissue request' option on the eFiling portal to ensure your refund is processed correctly.