Refund sent being rejected by Bank reason given "OTHERS"
This query is : Resolved
04 August 2020
Sir,
Despite confirmed correct Bank details profile and PAN, Refunds sent by SBI/CPC via NECS to NRO SB a/c, it kept on being rejected numerous times by the Bank reason given as "OTHERS".
The bank can't give any explanation what "OTHERS" mean .
Has any of out experts encounter similar issue. if Yes, how did it get resolved . 3 FY refunds are not being deposited via NECS. Every time have to apply for reissue of refund same thing is the outcome (rejected Reason "OTHERS").
Despite confirmed correct Bank details profile and PAN, Refunds sent by SBI/CPC via NECS to NRO SB a/c, it kept on being rejected numerous times by the Bank reason given as "OTHERS".
The bank can't give any explanation what "OTHERS" mean .
Has any of out experts encounter similar issue. if Yes, how did it get resolved . 3 FY refunds are not being deposited via NECS. Every time have to apply for reissue of refund same thing is the outcome (rejected Reason "OTHERS").
05 August 2020
I can't explain the reason for "OTHERS". But you may prevalidate your bank account on Income Tax e-filing website after logging in under Profile tab. After that apply for reissue of refund for the relevant AY. I believe this will do and you might be able to receive your refund.
05 August 2020
Sir, I 've been applying for reissue of refund, also prevalidating profile with bank account. it says already validated. 3 cases are there and have been doing the reissue for good 15 times now. same rejection reason "Others". In the NSDL portal it states to make the AO request refund authority to reissue the refund. That I may supply the Bank details . That too Ive done. Still not getting resolved.. Unfortunately refunds are not anymore being issued by cheque of which I've made request. This issue started only upon changing the resident SB a/c to NRO a/c 3 years ago.
05 November 2021
Seems to be issue with the bank. The bank needs to be changed.
05 November 2021
Finally it got resolved after getting the MD-CEO of the Bank to get their tech to fix the issue. What they did is not known to me. Am happy it is over. My repeated approaching the Bank was not getting anywhere nor my reply to SBI/CPC that the accounts were correctly link with PAN. However thanks for those who did gave suggestions.
06 November 2021
Happy to learn that the problem resolved.
Good Luck...
Good Luck...
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- GST on export of services and Input Credit
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Applicable TDS rate for sale of property in Nov 2024
- Should I report my US salary for January, February, March in Schedule FA?
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
CAclubindia
