Question ID : 41005

Disclossure of Bank Accounts in ITR Form

Dear Friends, In July, 2020, a resident individual opened a Savings Account in the local Post Office near his residence for getting timely ECS Credits in that account from his investments in the Post Office Savings Schemes. Has he to disclose this Savings Account in his ITR Form for Asst. Yr. 2021- 2022. Please note that none of the Post Offices have IFSC Code which is required to be mentioned in the ITR Form. Please clarify.

posted by Sudeep B. Sarwate on Mar 20 2021 12:00AM