Income Tax Advisory on Validating Bank Account on Income Tax Portal for Income Tax Refund

If you’re expecting a tax refund, it’s important that your bank account information is current and validated. In this guide, we’ll walk you through the process of checking the validation status of your bank account for refunds.

The income tax department has issued an important advisory on validating bank account on income tax portal for income tax refund.

Check Bank A/c validation Status For Refund

The Following given statuts you need to check in order to get refund:-

Has your bank merged with another bank?

Has your bank branch changed?

Has your bank account number changed?

Has Your name in Bank Account changed?

Has your bank account closed or become inactive?

Has IFSC Code of your bank account changed?

IF YES, ……

You need to Update/ Revalidate your Bank A/c details on e-filing portal.

To update/revalidate your bank account details, login to income tax e-filing portal > Profile > My bank Accounts > Click on three vertical dots > Choose Revalidate>make required changes in data for updating details > Click on Validate button.

For adding a new bank account, login to income tax e-filing portal > Profile > My bank Accounts > Add bank account > fill the required details > Click on Validate button.

Once the bank account’s status changes to Validated, don’t forget to nominate it for refund by enabling the ‘Nominate for Refund’ button. If the bank account validation fails, you can remove it by clicking on the three vertical dots on the “My bank accounts” screen.

Please ensure that only bank accounts linked to your PAN are validated and nominated for refund. Refunds cannot be credited to bank accounts that are not linked to a PAN.

For Any further assistance you may reach our helpdesk contact numbers: 18001030025 180041940025 (Toll free) & +91-80-46122000 +91-80-61464700