03 June 2012
My client is Having Bank A/c with Vijay Kumar name where as on PAN his name is Sagar Dnyneshwar Dhole.....He has to get refund of Rs.32000, Can I put his Bank Name In ITR....will there be any problem in getting refund....?
04 June 2012
off course there will be problem.. what kind of question you asking, will the bank accept a refund cheque in clearing which is deposited in x's account but as been in favour of Y.
05 June 2012
The intension of this question is absolutely wrong because a person having different name is not possible in eye of law specially for Income tax purpose.
suggession: Open a bank account based on PAN name and accordingly encased the cheque. However banker not accepting those cheque which was issued earlier than the date of account opening but if the banker satisfied with genueniness of the person