07 September 2012
Sir if my Bank has MICR code, but i did not filled it in my return and giving nine 0 in that place and choose the option no for ECS return. Now I am afraid that whether i will get my refund or not?
08 September 2012
You choosed ECS option for ECS option MICR code must and should required. So i think refund crediting into you are account may be fail. So please wait till the receipt of 143(1) intimation and wait for some days and check status of refund status if the status indicates refund crediting failed then file 154 rectification with MICR code. Other wise if the return is filed with in the due date then file revised return with MICR code.
CAclubindia
