Income tax refund problems are plenty for ordinary tax payers. Someone has not received , while someone did not receive because when he /she was not at house refund had come and returned unserved. Few tax payers finds that cheuqe date has crossed the the three month period , and therefore bank has returned the refund.
At present refund banker scheme is effective all over India which means that refunds are generated in two modes i.e., ECS and paper . If the taxpayer has selected mode of refund as ECS , the refund will be directly credit in the bank account of the taxpayer. This option needs to be filed at the time of submission of income return . The tax payer should carefully fill bank accounts which should be at least 10 digits, MICR code of bank branch and communication address .For taxpayers who have not opted for ECS refund will be disbursed by cheque or demand draft.