mr. x want to e-file income tax return for asstt yr. 2011-2012.
no bank account was opened by mr. x in his life and he is also not interested to open any bank account.
How we can file income tax return without bank detail in return..
pls reply
shruti (.) (240 Points)
08 December 2011mr. x want to e-file income tax return for asstt yr. 2011-2012.
no bank account was opened by mr. x in his life and he is also not interested to open any bank account.
How we can file income tax return without bank detail in return..
pls reply
CA Tushar Lakhanpal
(CA)
(416 Points)
Replied 09 December 2011
Bank details are required only for refund cases
if the assessee does not have a refund pending in his return
OR if he does not wish to recieve his refund THEN he is NOT required to mention bank account
CA Vanamala Phani Kumar
(Proprietor of M/s Vanamala and Co)
(972 Points)
Replied 09 December 2011
Hello Bros.....!!!!
w.e.f AY 2011-12
Assessee must be given Bank a/c details in Income Tax Return whether Asseesse have Refund or not
i.e. mandatory to give A/c details..!!!
otherwise return is not accepted by computer while generating XML File for return filing ..!!!
But practically they (Assesses )give any no (Ex: 1,2,3...etc !!!) for non refund cases in a/c details
and return is accepted by Department when filing is done through electronically
u get it ???
satish kumar voleti
(A.C.A., (ICWAI))
(1686 Points)
Replied 09 December 2011
Amit Kumar Verma
(CA Final CS Professional)
(501 Points)
Replied 09 December 2011
Phani is absolutely correct....
SHIVAM GROVER
(student)
(304 Points)
Replied 10 December 2011
no , return can be accepted without bank details i personally filed 2011-12 returns without giving bank details using genius software..........
Devang Gajjar
(Chartered Accountant)
(41 Points)
Replied 10 December 2011
Yes you can filr the return of income wqithout bank details. Bank details are required only when any Taxis deducted and you have to claim it...
Devang J. Gajjar
CA Final Student