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Disclosure of all Bank Accounts mandates by CBDT in Income Tax Reutrn Forms for Asstt. Year 2015-16

Earlier CBDT had issued a New Notification No. 41/2015 dated 15.04.2015 with several changes in ITR Forms i.e. ITR-I, ITR-2, ITR-4S, ITR-V for Asstt. Year 2015-16.  The major changes in this Notification that, 'Disclosure of all Bank Account Details', held by Taxpayee in India at any time during Fin. Year 2014-15 whether it is Joint Account even.  Even though the Taxpayer should submit the details of Pass Book with the Income Tax Return Forms.

The Following Details must provided by Taxpayee to CBDT : 

  • Number of Bank account held by you during previous years (whether open or closed)
  • IFSC code of Branch'
  • Name of Bank
  • Name of the Joint Holder(s)
  • Account Number
  • Account Balance at the end of the previous year i.e. 31st March, 2015