Breaking News

Top Reasons for Income Tax Refund Failure

CAknowledge

Top Reasons for Income Tax Refund Failure. if you are Searching for reasons for income tax Failure than you are in right place. After providing Latest Income Tax Slab Rates for A.Y 2016-17, Today we provide Top Reasons for Income Tax Refund Failure. You can Find all Reasons for Why Income Tax refund is not received in your bank account or Via Check. We also provide Solution of Income Tax Return Failure or How to get your refund if Refund is Not Automatically Received in Your Bank Account. In our Last Articles we Provide list of all incomes exempt for income Tax and Procedure for How to E-File income Tax return online. so now you can scroll down below and find Top Reasons for Income Tax Refund Failure.

If you like this article then please like us on Facebook so that you can get our updates in future ……….and subscribe to our mailing ”freely“

Top Reasons for Income Tax Refund Failure

Income Tax CAknowledge.in

In this Article we have discussed 28 Reason for Failure or non issuance of Income Tax Refund and Solutions for the same.

Expired Cheque

Your refund cheque has been expired. You are requested to apply for refund reissue to claim your refund. The refund reissue can be applied through online by following the procedure given above.

Incorrect A/C No

The account number provided by you was incorrect. You are requested to apply for refund reissue by providing the correct account number to claim your refund. The refund reissue can be applied through online by following the procedure given above.

Must Read – How to submit Response for Outstanding Tax Demand

House Locked

The refund cheque dispatched was returned since the house was locked. You are requested to apply for refund reissue to claim your refund. The refund reissue can be applied through online by following the procedure given above.

Party Shifted

The refund cheque dispatched was returned as the concerned party was not available at the address provided. You are requested to apply for refund reissue to claim your refund by updating the new address. The refund reissue can be applied through online by following the procedure given above.

No such Address

The refund cheque dispatched was returned as the address provided was incorrect. You are requested to apply for refund reissue to claim your refund by updating the new address. The refund reissue can be applied through online by following the procedure given above.

Must Read – List of All Incomes Exempt from Income Tax

No such person

The refund cheque dispatched was returned as the concerned person was not available at the address provided. You are requested to apply for refund reissue to claim your refund. The refund reissue can be applied through online by following the procedure given above.

Incorrect MICR code/unavailable

The MICR code provided by you was incorrect or not provided. You are requested to apply for refund reissue by providing the correct MICR code to claim your refund. The refund reissue can be applied through online by following the procedure given above.

Account has been closed

The account number provided by you was closed. You are requested to apply for refund reissue to claim your refund with new account number. The refund reissue can be applied through online by following the procedure given above.

Must Read – Latest Income Tax Slab Rates AY 2016-17 & All Years

Account Description incorrect

The account description provided by you was incorrect. You are requested to apply for refund reissue to claim your refund with correct account description or with new account number. The refund reissue can be applied through online by following the procedure given above.

Address given for dispatch is a foreign address:

It is found from our records that you have requested the refund cheque to be dispatched to a foreign address (as mentioned in your return of income). Hence, you are requested to provide a valid Indian address. The refund reissue can be applied through online by following the procedure given  at following post- How to Request re-issue of Income tax Refund? Please contact SBI Call center 18004259760 for help further.

Mandatory fields missing: (Account Number/Account Name/Account Type/Address 1/City/State/Pin code)

Mandatory fields like Account Number, Account Name, Account Type, Address line 1, City, Pin code were not provided by you. You are requested to apply for refund reissue to claim your refund by providing the above mentioned mandatory details. The refund reissue can be applied through online by following the procedure given above.

Must Read – Download Form 3CA 3CB 3CD In Word Excel & Java Format

Incorrect A/C Number Length

The account number provided by you was incorrect. You are requested to apply for refund reissue by providing the correct account number to claim your refund. The refund reissue can be applied through online by following the procedure given above.

Invalid A/C Number

The account number provided by you was invalid. You are requested to apply for refund reissue by providing the correct account number to claim your refund. The refund reissue can be applied through online by following the procedure given above.

Must Read – How to Pay TDS Online Full Guide and Procedure

Invalid A/C Number: Between two special characters there should be at least one alphabet/number

The account number provided by you was invalid. You are requested to apply for refund reissue by providing the correct account number to claim your refund. The refund reissue can be applied through online by following the procedure given above.

Invalid A/C Number: First Character in A/C No should be an alphabet/number only

The account number provided by you was invalid. You are requested to apply for refund reissue by providing the correct account number to claim your refund. The refund reissue can be applied through online by following the procedure given above.

Must Read – How to E-File Income Tax Return Online – Full Guide

Invalid A/C Number: Last Character in A/C Number should be a number

The account number provided by you was invalid. You are requested to apply for refund reissue by providing the correct account number to claim your refund. The refund reissue can be applied through online by following the procedure given above.

Invalid A/C Number: Numeric string between alphabets or special characters cannot be all zeros

The account number provided by you was invalid. You are requested to apply for refund reissue by providing the correct account number to claim your refund. The refund reissue can be applied through online by following the procedure given above.

Invalid character in A/C Number

The account number provided by you was invalid. You are requested to apply for refund reissue by providing the correct account number to claim your refund. The refund reissue can be applied through online by following the procedure given above.

Must Read – 

Address not valid: Invalid characters or too long address

The address provided by you was too long. You are requested to apply for refund reissue by providing the correct address to claim your refund. The refund reissue can be applied through online by following the procedure given above.

Invalid character in Account Name or Name too short

The account name provided by you had invalid character or name too short. You are requested to apply for refund reissue by providing the correct account name to claim your refund. The refund reissue can be applied through online by following the procedure given above.

Must Read – PAN Name By PAN No,Know Your PAN, Online Verify For PAN

No numeric digit in Account Number

The account number provided by you was invalid. You are requested to apply for refund reissue by providing the correct account number to claim your refund. The refund reissue can be applied through online by following procedure given above.

Invalid IFSC code

The IFSC code provided by you was invalid. You are requested to apply for refund reissue by providing the correct account number to claim your refund. The refund reissue can be applied through online by following above.

Name mismatch with Bank account holder

The account number provided by you had a name mismatch. You are requested to apply for refund reissue by providing the correct account number or name to claim your refund. The refund reissue can be applied through online by following

Death of person and account is on hold.

In case of death of an assessee, legal heir can do the following steps:

– Need to approach to CPC with request and wait for CPC communication in this regard.

– On receiving the communication, kindly contact your jurisdictional AO along with relevant proof.

– After verification, if the Jurisdictional AO approves the legal heir claim, refund will be routed to your bank account.

Must Read – TDS Rate Chart For AY 2016-17 & AY 2017-18

Account is under attachment by court/IT.

Contact SBI Call center 18004259760 for help.

Account holder KYC is pending.

Contact SBI Call center 18004259760 for help.

Account details given are other than Current Account or Saving Bank Account.

Contact SBI Call center 18004259760 for help.

Minor assessee has attained majority and fresh documentation is pending.

Contact SBI Call center 18004259760 for help.

If you have any suggestion or Query regarding “Top Reasons for Income Tax Refund Failure” then please tell us via below comment box…

Ask Your Query

About Raju Choudhary

Article by Raju Choudhary Raju has written 537 articles. If you like This post, you can follow CAknowledge on Twitter. Subscribe to CAknowledge feed via RSS or EMAIL to receive instant updates.

Leave a Reply

Your email address will not be published. Required fields are marked *