Magnetic Ink Character Recognition (Meaning of MICR code)
National Electronic Fund Transfer (Meaning of NEFT Code)
While filing Income Tax Return , there is a coloumn of MICR code. In case of refund cases, this column is very much helpful for everyone. It is commanly used by Banking Industries to faciliate the cheques processing. It makes very easy to refund by Income Tax Department.
Digits of MICR Codes
MICR code contains 9 digits,
First three digits display the city/first 3 character of pin( Postal Index Number) like as in case of Rohtak , Pin number is 124001 , therefore 3 digits of Micr code will be 124.
4-6 Digits display the bank codes alloted to each bank. For example State Bank of India has been alloted "002" . there fore 6 digits of MICR code will be 124002
7-9 Digits display the Bank Branch Codes alloted to each branches of bank. For Example SBI, Mdu branch has been alloted 006. Therefore 9 digits of MICR code will be 124002006.
Finally MICR code will be 124 002 006 (City+Bank+Branch) Codes
List of all MICR /IFSC Codes (All Branches) (Download)
Earlier , there was only one section code 94I for TDS on Rent. While preparing TDS return, 94I code was selected for deduction of TDS from Rent. But now there are two section codes in the Name 4IA or 4IB which have been replaced with 94I. 4IA :- 4IA code will be selected when 2% TDS will be deducted for the use of any machinery or plant or equipment 4IB :- 4IB code will be selected when 10% TDS will be deducted for the use of any land or building (including factory building) or land appurtenant to a building (including factory building) or furniture or fittings
Keeping in view the confusion in selection 4IA or 4IB, detailed Section 194-I is given below in the interest of deductor :-
79194-I. Any person, not being an individual or a Hindu undivided family, who is responsible for paying to 80[a resident] any income by way of rent81, shall, at the time of credit of such income to the account of the payee or at the time of payment thereof in cas…
Jai Jinendra Ji,
Now, e-booking of rooms are available for Shri Mahaveerji, Karauli, Rajasthan. It is religious place for Jain's. Every Jain wants to visit once in his life. There are too many persons who visit here once in a month or in a week. There are numbers of Jain Temples. Shri Mehendipur Balaji is just away 35 K.M. from here via Nangal village. 50% of available rooms are available through e-booking. Tariffs & Policies are given as under :-
Tariffs & PoliciesDharamshalaRoom TypeFacilitiesTotal RoomsOnline RoomsFacility Charge
(Suvidha Shulka) (Rs.)Cancellation Charge
(Rs.) Vardhman Dharmshala A.C. A.C., Geyser,Double Bed 21 10 600
Friends, It is great problem when we need .rpt files in .xls. Sometime back I had received .rpt files from Punjab National Bank as Bank Account Statements for a particular account. I had tried to convert in excel, but after devoting 4 hours, I got fail in conversion. In last I tried following steps and got success. Open .rpt file in Notepad.File Save as in .txt file (as shown in above picture)Open with .txt file in Microsoft Excel.Option "Text to Coloumns" > Fixed >Finish. then Save File in excel.