Number of bank accounts in form ITR-2

My chartered accountant put down 1 in the number of bank accounts whereas I have two NRO and two NRE accounts, Form 16A clearly shows TDS from the two NRO accounts. First, I'd like to know if you have to show account numbers, name of bank and IFSC codes for the NRE accounts. Also is it necessary to submit an amended return reflecting these changes? Thank you.
Asked 1 year ago in Income Tax from Chennai, Tamil Nadu
Ideally you should have disclosed all the bank accounts, as required in the ITR. However, now that the ITR has been efiled, you may revise the return, if the deposits in the bank accounts are significant and have any impact on your tax liability. Otherwise, you may just ignore and submit the details, as and when called for. Unless, you have substantial tax issues, you may not, in normal course, be called to submit additional details. However, next year you may exercise caution and disclose.
B Vijaya Kumar
CA, Hyderabad
290 Answers
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We suggest that you file revise return incorporating all the Bank Accounts as it is mandatory to disclose all your Bank accounts including NRE.

Or the next option is you keep silent and if you receive any kind of query then you answer the same.
Shyam Sunder Modani
CA, Hyderabad
955 Answers
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Only one bank account is mandatory to report. There is no necessity to file a revised return.
Vijay N. Kale
CA, Hyderabad
248 Answers
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It is not necessary.
Vijay N. Kale
CA, Hyderabad
248 Answers
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