Do you have such a bank account? No, then forget income tax refund!

At present, the bank account of many taxpayers is not pre-validated. Due to which his refund could not come in the account. In such a situation, taxpayers will have to pre-validate their account first and then their refund will be available. Let us also tell you the method of validation.

Lakhs of people in the country are waiting for their income tax refund. Those who feel that they have done the entire process correctly and even then why is their refund pending? So those people must check their bank account. Is his bank account valid or not? If not, your refund will not reach you even after it is generated.

The Income Tax Department has made it clear that the refund of many taxpayers in the country has been ready, but due to their bank account not being valid, they are facing difficulty in depositing the refund. In such a situation, people whose bank account is not valid should complete this process as soon as possible.

In fact, due to change in bank account details, already validated bank accounts may need to be updated or re-validated. According to Social Media

Kind Attention Taxpayers!

Your refund can only be credited into a validated bank account. So, please check bank account validation status on e-filing portal.

Pl visit https://t.co/GYvO3mRVUH ➡️ Login ➡️ Profile ➡️ My Bank Account ➡️ Revalidate/Add Bank Account

Previously… pic.twitter.com/nt80jNccxM

— Income Tax India (@IncomeTaxIndia) September 5, 2023

How to check bank account validation status on e-filing portal?

First of all you have to go to http://incometax.gov.in and login. After that go to the profile section. Revalidate the bank account by clicking on 'My Bank Account' or add a new bank account. The status of the validation request will be sent on your behalf to the registered mobile number and email address on the e-filing portal.

failed bank account

If validation fails, the information is shown under Failed Bank Accounts. In case of failed bank pre-validation, the failed bank account can be resubmitted for validation. In the Failed Bank Account section, click on Re-Validate for the bank and 'Validation in Progress' status account.

Answers to frequently asked questions regarding bank account validation

1. Can I validate and nominate multiple bank accounts for refund?

Yes. You can pre-validate multiple bank accounts, and nominate more than one bank account for income tax refund.

2. Can I nominate one bank account for income tax refund and another bank account for EVC?

Yes, but the status of both the bank accounts must be valid.

3. What are the prerequisites for successful pre-validation?

For successful pre-validation, you must have PAN along with e-filing and an active bank account linked with PAN.

4. How long does it take to pre-validate my bank account once I submit my details?

The pre validate process is automatic. Once your request is submitted, it is sent to your bank. Validation status is updated in your e-filing account within 10 – 12 working days.