Income Tax News: Department Urges Taxpayers to Do THIS to Get Timely Refunds

Income Tax News: The Income Tax Department has issued an important advisory to all taxpayers, urging them to ensure that their bank accounts are validated on the e-filing portal to enable smooth and timely receipt of income tax refunds.

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Neha Kumari
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The Income Tax Department has issued an important advisory to all taxpayers, urging them to ensure that their bank accounts are validated on the e-filing portal to enable smooth and timely receipt of income tax refunds.

According to the department’s official communication, a validated and pre-validated bank account is mandatory for any refund processing. Taxpayers are advised to either add a new bank account or update their existing account details on the official portal to avoid delays.

Steps to Add or Validate Bank Account:

Visit the official portal: https://www.incometax.gov.in/iec/foportal/

Login using your credentials

Go to Profile and select Add Bank Account

Enter the required details like Account Number, IFSC Code, Account Type

Click Validate and then Pre-validate to verify with the bank

For Updating Existing Bank Account:

Login to the portal and go to Profile

Select the bank account you wish to update

Edit the necessary information such as account number, IFSC, and account type

Click Validate to complete the process

Users can also check their Bank Account Validation Status under the My Profile > My Bank Account section of the portal.

This measure is part of the government’s ongoing efforts to make e-filing simpler and faster, ensuring that refunds are credited directly to the taxpayer’s verified account without any manual intervention.

For further assistance, taxpayers can contact the Income Tax helpline numbers 180010230025 or 18004190025.

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