Income Tax Department (ITD) has advised taxpayers to verify the validation status of their bank account on the e-filing portal. This is because only validated bank accounts can be used to receive income tax refunds.
To verify the validation status of your bank account, you can follow these steps
- Go to the Income Tax Department website and login to your e-filing account.
- Click on the "Profile" tab.
- Click on the "My Bank Account" link.
- The status of your bank account will be displayed in the "Validation Status" column.
If the status is "Validated", then your bank account is ready to receive income tax refunds. If the status is "Pending", then your bank account is still being validated. If the status is "Failed", then there was an error in validating your bank account. You will need to contact your bank to resolve the issue.
The official declaration made in ITD's Twitter Handle is as follows
Kind Attention Taxpayers!
Your refund can only be credited into a validated bank account. So, please check bank account validation status on e-filing portal.
Pl visit https://incometax.gov.in -----> Login -----> Profile -----> My Bank Account -----> Revalidate/Add Bank Account
Previously validated bank account may require updation and re-validation due to change in bank account details.
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