{"id":14225,"date":"2019-03-01T18:08:50","date_gmt":"2019-03-01T12:38:50","guid":{"rendered":"https:\/\/enterslice.com\/learning\/?p=14225"},"modified":"2019-09-05T18:28:05","modified_gmt":"2019-09-05T12:58:05","slug":"link-pan-to-bank-account","status":"publish","type":"post","link":"https:\/\/enterslice.com\/learning\/link-pan-to-bank-account\/","title":{"rendered":"Link your PAN to your bank account to avail Income Tax Refund"},"content":{"rendered":"

The Income Tax department\nrecently issued a notification regarding linking your PAN to your bank account\nand validate your bank account online. Moreover, effective from 1st<\/sup> March 2019, the Income Tax department will only\nissue e-refunds to bank accounts which are linked with PAN Card.<\/p>\n\n\n\n

No\nincome e-refunds to “bank accounts not linked with PAN”<\/em><\/p>\n\n\n\n

Date of Implementation<\/strong><\/h2>\n\n\n\n

As mentioned above, from March 1,\n2019 Income tax department will issue the e-refunds to those, whose PAN is\nlinked with their Bank Accounts.<\/p>\n\n\n\n

Now we will see how you can link your PAN with your bank account and validate your Bank Account details with the Income Tax Department e-filling portal<\/strong>[1]<\/a><\/sup>?<\/p>\n\n\n\n

How to validate the Bank account with E-Filing Portal?<\/strong><\/h2>\n\n\n\n

When you visit the bank, ask them\nto validate your bank account with the e-filling\nportal. If your bank is integrated with the E-Filing portal then you can easily\npre-validate your bank account through EVC (Electronic Verification Code) and\nnet-banking.<\/p>\n\n\n\n

What if your bank is not integrated with the E-Filing Portal?<\/strong><\/h2>\n\n\n\n

If your bank is not integrated with the E-Filing Portal, then you can visit the web portal of the Income Tax Department. Now let us go ahead and discuss the procedure to validate the bank account with Income Tax E-Portal<\/p>\n\n\n\n

Read our article<\/b>:How to Claim Income Tax Refund Online?<\/a><\/mark><\/p>\n\n\n\n

Steps to validate the bank account with Income Tax e-portal <\/strong><\/h2>\n\n\n\n

Below are the steps that you need\nto follow to validate your bank account to receive the e-refunds-<\/p>\n\n\n\n