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Tuesday, 4 March 2014

I-T Refund will not be processed by CPC if IFSC code not filled in Upper Case in ITR


Eventhough,  it is said that CPC only accepts IFSC code in uppercase letters, if you have entered IFSC in the lower case in your ITR, you are likely to receive the failure of credit of refund process.

The Income Tax Department is requested to implement a small routine in its schema and the templates which shall automatically convert the lower case alphabet to upper case or at least informing the inappropriateness of the lower case IFSC to the tax payer while filing of the Income Tax Returns.

Till then, beware to write the IFSC code in upper case for prompt processing and credit of the refund.

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