How to change bank account registered for refunds with Income Tax Department?

[cooltexas60s]

Can you guide me how to get my bank account approved over income tax portal for recieving my tax refunds . I have added my new SCB account 1 month back but it is not approved from bank side and customer care is clueless abou this process of authentication of bank account over income tax portal. My current HDFC Bank account is updated but I want to close it and replace it with new SCB account

 

[ijsa]

@Sushubh , if d I recall you had standard chartered account. Can you guide me how to get my bank account approved over income tax portal for recieving my tax refunds . I have added my new SCB account 1 month back but it is not approved from bank side and customer care is clueless abou this process of authentication of bank account over income tax portal. My current HDFC Bank account is updated but I want to close it and replace it with new SCB account

For Income tax filing/ refund, you have to mention all your bank accounts(in the return itself) which were active for the year for which you are filing return. And you also have to mention a primary account. Primary account will receive the refund.... You cannot make/ update changes at your bank, It is Income tax department where you have to update.

 

[cooltexas60s]

Guys only below banks are INTEGRATED for efiling and recieving tax refunds as per below list pulled out from Income tax site

• Allahabad Bank
• Andhra Bank
• Arihant Bank
• Bank of Baroda
• Canara Bank
• Central Bank of India
• City Union Bank
• Federal Bank
• HDFC Bank
• ICICI Bank
• IDBI Bank
• IDFC First Bank Limited
• Jana Small Finance Bank Limited
• Karur Vysya Bank
• Kotak Mahindra Bank
• Oriental Bank of Commerce
• Punjab National Bank
• Saraswat Bank
• South Indian Bank
• State Bank of India
• Syndicate Bank
• The Cosmos Co Operative Bank Ltd.
• The Kurmanchal Nagar Sahkari Bank Ltd
• UCO Bank
• Union Bank of India
• United Bank of India

ALL MNC banks like citi, Standard chartered are not available for receiving the tax refund. so one needs to have account with above list of banks to receive refund.

 

[Sushubh]

I get my refund in yes bank

 

[mhsabir]

I am not sure if integrated for e-filing and receiving refund has to be same bank? I remember once doing the efiling from one but having bank account to receive the refund

 

[ijsa]

Guys only below banks are INTEGRATED for efiling and recieving tax refunds as per below list pulled out from Income tax site
ALL MNC banks like citi, Standard chartered are not available for receiving the tax refund. so one needs to have account with above list of banks to receive refund.

No....... you can receive refund in any bank.
I have received refund in Yes Bank which is not listed above.

After filing return you can e-Verify through many banks.... as per below.

Home

www.incometaxindiaefiling.gov.in

 

[Smh]

Axis bank is also missing from the list but it works for tax refunds and e-filling.

Citi also works for tax refunds not sure about e-filling.

 

[cooltexas60s]

Yes, could be the list is old and not complete but I had registered for standard chartered bank account under prevalidate account section and it is approved but not EVC enabled. The moment I click evc enable tab it says evc option is not available for this bank. Then I called up helpline and they informed standard charted bank is not integrated with income tax department for receiving tax refund and asked me to refer the list of banks in help section.


This is wiered since I wanted to keep only SCB account and close my hdfc. Now I will have to keep it open