Dont have bank ifsc code

Page no : 2

CA Varun Sahni (CA ) (121 Points)
Replied 18 July 2015

Dear all,

I have a query.

Do we need to disclose the details of "ALL" our Bank Accounts in the ITR?

What are the consequences if an assessee does not disclose the details of one or more of his Bank Account?

And what details are required?

Upgrade to CAclubindia Pro. Subscribe Now!

kanagala (CA Practice ) (36 Points)
Replied 25 July 2015

Originally posted by : Varun Sahni

Dear all,

I have a query.

Do we need to disclose the details of "ALL" our Bank Accounts in the ITR?

What are the consequences if an assessee does not disclose the details of one or more of his Bank Account?

And what details are required?

Only first bank account we need to give IFSC code irrespective of Refund or not. Remaining all bank accounts we need to mention, if they are operating frequently. If they are not operating, then you may ignore them.

Rajagopalakrishnan R (PARTNER) (1422 Points)
Replied 25 July 2015

Most of the co-op banks have tied up with some other banks for IFSC partnering. for eg. Co-op banks in Kerala have tied up with IDBI bank so all co-op banks in the state have a IFSC.Please check whether any such arrangement is made by your bank also.

SHASHANK KUMAR (w) (70 Points)
Replied 28 July 2015

Can any one guide me relief u/s 89. Whther the relief is combined of Annexure I (Salary in arrear) & II (Gratuity) or any one is taken while claiming.?

Please help me out.

Raj (Accountant) (24 Points)
Replied 04 August 2015

https://ifscbranchcode.com is worth to find IFSC Codes

Upgrade to CAclubindia Pro. Subscribe Now!

Track Bank IFSC (4 Points)
Replied 01 November 2022

Are you searching the Indian MICR & IFSC code list of all bank branches? By helping track Bank IFSC provides you the list of all the states available in India.
https://www.trackbankifsc.com/