You can submit your income tax return (ITR) online at the Income Tax Desk.
ITR Filing 2023: It is essential to keep your details up to date to ensure smooth communication with the tax authorities and avoid potential problems.
ITR Application 2023: If you are wondering whether it is feasible to change or update your information after filing the income tax return (ITR), rest assured that it is possible. The process is simple, whether you need to update your contact details such as your address, mobile number or email ID, or change your bank details, which is very important for you to get tax refunds on time. Below, this article will guide you on how to make a request for it updating the bank account information if you have entered incorrect details when submitting the ITR.
Also Read: Effortless ITR Filing: A Step-by-Step Guide To Register On Income Tax Portal
Avinash Shekhar, Founder and CEO of TaxNodes, said: “If someone has accidentally entered incorrect bank account information on their income tax return, it is crucial to take prompt action to rectify the situation. Correcting the error in the bank account details is essential for any refunds or notifications from the tax authorities to be processed correctly. It is crucial to act quickly and cooperate with authorities to resolve the issue and avoid potential complications or delays.”
According to Clear, the tax-related service provider platform, the “Modify ITR Form Data” feature under the e-filing portal allows taxpayers to make changes to their bank account, address, mobile number, and email ID. It is important to note that taxpayers can only submit the request for the processing of the ITR.
Taxpayers can submit their requests by following the steps below:
- Login to the ‘e-filing’ portal https://www.incometax.gov.in/iec/foportal/
- Go to the ‘My Account’ tab at the top left of the page.
- Under the ‘My account’ tab, select ‘Service request’.
- Under ‘Service Request’, select ‘Request Type’ as ‘New Request’.
- Then under ‘Request category’ – choose ‘Change ITR form data’.
- Then click on ‘Submit’.
- A new screen shows ‘Change ITR Form Details’.
- The taxpayer’s PAN would be displayed.
- The taxpayer must fill in ‘Acknowledgment Number’ of the ITR here.
- In the next screen, a taxpayer can choose from ‘Change bank account details’, ‘Change address details’ and ‘Change e-mail ID/mobile number details’.
- Here the taxpayer must choose the necessary option, provide the necessary information and submit the request.
- Once your ‘Change in ITR Form Data’ request has been submitted, a success message will appear on the screen with a Transaction ID.
After updating your bank details, you will need to revalidate your ITR.
To do this, follow these steps:
- Go to the “My Account” tab.
- Click on “Bank accounts”.
- Click the “Re-validate” button next to the bank account you updated.
- Follow the instructions on the screen.
- Once your bank details have been re-validated, your ITR will be processed and your refund will be issued.
After you successfully submit the request, the updated information will be reflected on your income tax return. It is essential to keep your information up to date to ensure smooth communication with the tax authorities and avoid potential problems. By following these steps, you can easily make the necessary changes to your ITR data if necessary.
