Refund Banker Scheme-Taxpayers can view status of refund through online…
Refund Banker
The ‘Refund Banker Scheme,’ which commenced
from 24th Jan 2007, is now operational for taxpayers assessed all over India
(except at Large Taxpayer Units) and for returns processed at CPC (Centralized
Processing Centre) of the Income Tax Department at Bangalore.
In the ‘Refund Banker Scheme’ the refunds
generated on processing of Income tax Returns by the Assessing officers/
CPC-Bangalore are transmitted to State Bank of India, CMP branch, Mumbai
(Refund Banker) on the next day of processing for further distribution to
taxpayers.
Refunds are being sent in following two modes:
RTGS / NECS: To enable credit of refund
directly to the bank account, Taxpayer.s Bank A/c (at least 10 digits), MICR
code of bank branch and correct communication address is mandatory.
Paper
Cheque: Bank Account No, Correct address is mandatory.
Taxpayers can view status of refund 10 days after their refund has been sent by the Assessing Officer to the Refund Banker – by entering ‘PAN’ and ‘Assessment Year’ below.
Taxpayers can view status of refund 10 days after their refund has been sent by the Assessing Officer to the Refund Banker – by entering ‘PAN’ and ‘Assessment Year’ below.
Other Refunds
Status of ‘paid’ refund, being paid other
than through ‘Refund Banker,’ can also be viewed at www.tin-nsdl.com by
entering the ‘PAN’ and ‘Assessment Year’ below.
‘Refund paid’ status is also being reflected
in the ‘Tax Credit Statements’ in Form 26AS.
Check
your refund – click here
Comments
Post a Comment