Refund Banker Scheme For Chennai, Kolkata, Mumbai And Bangalore
Give correct address and bank details for quick IT refund
CBDT recently launched the 'Refund Banker Scheme' to issue refunds expeditiously and correctly. The scheme now operative in Delhi and Patna is to be extended to Chennai, Kolkata, Mumbai and Bangalore from 30.09.2007.
The Department has noticed that a number of refund vouchers are received back due to incorrect address given by the taxpayers. Some of the taxpayers do not give their correct bank account number on the Income Tax return or fail to give correct MICR code of the bank because of which refund cannot be credited to their account.
To avoid inconvenience, the taxpayers are advised to fill up the Tax Return form properly mentioning the correct address at which refund voucher may be delivered, correct bank details i.e. account number, name and branch of the bank, and MICR code of the bank. Taxpayers must also intimate the change of address, if any, to the assessing officer immediately.