Adding bank account details in itr
Priya Babbar (2 Points)
21 July 2019If yes, how can I add the details of new bank account opened in F.Y 2018-19.
Priya Babbar (2 Points)
21 July 2019
Divakar
(Student CA Final )
(11857 Points)
Replied 21 July 2019
SP
(abc)
(22 Points)
Replied 28 August 2019
Hi, Can anyone please confirm if we need to provide the Fixed Deposit Account details as well in this part of the ITR? I cannot see any IFSC code in the FD statement for the FD accounts.
Suresh Thiyagarajan
(Student)
(3986 Points)
Replied 28 August 2019
1. Income tax has asked only for all the bank account details including the one inactive for not more than 24 months.
2. It would be obvious for the IT department to ask for all your bank account details including deposits account to have a complete track of your income and other transactions. IFSC code for the respective bank will be available on google even if the same is not mentioned in FD receipt.
3. If the FD interest does not have an account separate as such then the same need not be mentioned. But if the deposit account contains a separate account number then it should be mentioned in ITR.
Please correct me if the above solution has an alternative view.
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961