Department Will “only” Issue Refunds Via The E-mode
Dated : 04 Mar, 2019
Posted In : Income Tax News
The Income Tax Department will “only” issue refunds via the e-mode into bank accounts of taxpayers beginning next month and they should link PAN with their accounts.
The department said refunds will be sent to bank accounts as it will issue “only e-refunds from March 1, 2019.” Link your PAN (permanent account number) with your bank account to get your refund directly, swiftly and securely, the department said in a public advisory issued Wednesday. It added the bank account could be either savings, current, cash or overdraft.
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