No refund if PAN not linked with Bank account. is this correct?
many of my clients not linked their bank accounts, so they cannot get refunds?
Discussion
Dear All, One of my clients received a Show cause notice from AO u/s 270A for under-reporting of income on account of certain expenditures disallowed by AO. Please kindly provide me a suitable reply for this Penalty notice. It's urgent.
Dear Venkat, There is only Press Release available on the basis of Communication made by Income Tax Department as of now. Department has not clarified that whether it is applicable to those returns which are filed on or after 01st March 2019 or for the old returns as well. Please get in touch with the ASK or check the ITR status on periodic basis for further updates by CPC ITD.