This is an article from Taxworry regarding Income Tax Refund Solution Hope u all find it helpful Tks Atul Khemka Incometax Refund -Solutions to Common Problems
March 8, 2012 Incometax Refund -Solutions to Common Problems Reviewed IT Refund -9 Common Problems & SolutionsThe frequently asked questions on problems associated with income tax refund is explained in question and answer form. Incometax refund problems are faced by many persons.However, this posting is related to most common problem associated with refund banker scheme . Incometax refund status can be checked online .These days you can also check the refund failure status. Before , one jumps to common problem associated with incometax refund, please understand that once your income tax return is processed , the ITD software intimate the Cash Management Product department of SBI (CMP SBI) which processes processes the refunds and sends the refund intimation to the taxpayer. If the taxpayer has selected mode of refund as ECS (direct credit in the bank account of the taxpayer) at the time of submission of income return the taxpayer’s bank A/c (at least 10 digits ) and MICR code of bank branch and communication address are mandatory . For persons who have not opted for ECS refund will be disbursed by cheque or demand draft. 9 Most Common Incometax Refund Problems & Solutions If I have shifted my residence whom should I contact for updating my correspondence address for receipt of refund? The tax payer should contact its A.O and inform about the change in the correspondence address. If my bank account has been closed how will I get refund credit into the account? In case of change or updation in the bank account number the taxpayer should provide the correct account number along with the MICR code where credit is to be effected to the I.T.O . Whom do I contact if the refund dispatched has not been received? The tax payer can contact its local post office with the speed post ref no displayed at the NSDL-TIN website I have received the physical ECS refund advice and status of refund is “paid” on website of refund status track but my account has not been credited. Whom do I contact? In case credit is not effected in the tax payer account through ECS but the income tax refund advice has been received by the taxpayer AND the status shown is “paid”- in that case, the tax payer should contact his bank or SBI. You should contact SBI at the following address. Cash Management Product (CMP) State Bank of India SBIFAST 31, Mahal Industrial Estate Off Mahakali Caves Road Andheri (East) Mumbai – 400 093. Phone Number: 18004259760 or email at I have neither received the physical ECS refund advice and status of refund is “unpaid” on website track. Whom do I contact? The assessee should provide the correct account number and MICR code to concerned Assessing officer, where credit is to be effected. The Assessing Officer will inform SBI to send a fresh cheque of refund to the assessee. if the date of encashing the cheque for incometax refund expires, whom should I contact? The person should contact their Income Tax Officer as well as CMP SBI at the below address: Cash Management Product (CMP) State Bank of India SBIFAST 31, Mahal Industrial Estate Off Mahakali Caves Road Andheri (East) Mumbai – 400 093. Phone Number: 18004259760 or email at How do I rectify any mistakes in the name, assessment year, PAN, account number printed on the cheque delivered to me? In case of any mistakes on the advice / cheque of refund delivered to you, the following should be done: i) Send the original refund cheque to CMP, State Bank of India at SBIFAST 31, Mahal Industrial Estate, Off Mahakali Caves Road, Andheri East, Mumbai – 400 093, Phone Number: 18004259760, along with a letter informing the mistakes on the refund cheque. ii) Send a copy of the letter along with a copy of the refund cheque to your Assessing Officer. iii) Retain a copy of the letter and refund cheque with you. If somebody else’s cheque / advice is delivered to me what should I do? You should contact SBI at the following address and return the cheque / advice of refund. Cash Management Product State Bank of India SBIFAST 31, Mahal Industrial Estate, Off Mahakali Caves Road, Andheri (East) Mumbai – 400 093 Phone Number: 18004259760 or email at Whom should I contact for refund related queries? For any refund related query the tax payer should contact Aaykar Sampark Kendra at 0124 2438000 or email at . For refund related query/ or any modification in refund record relating to Return processed at CPC Bangalore, the CPC may be contacted by the taxpayer on 1-8004252229 or 080-43456700. Incometax refund problems no more now ! -- You received this message because you are subscribed to the Google Groups "Skorydov MyTaxAssistant Member Group" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/skorydovmytaxassistant?hl=en.
