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TDS/TCS Claimed and Refund received in previous year

This query is : Resolved 

24 August 2025 WHETHER THE TDS REFUND OF INR.19620/- CLAIMED AND RECEIVED IN THE PREVIOUS YEAR SHOULD BE TREATED AS INCOME THIS YEAR (PURCHASE OF CAR)AND DECLARED IN CURRENT ITR ? AIS IS SHOWING UNDER TCS.

24 August 2025 Any refund received in preceding year is not the income, but interest part in it is the income to be declared in current ITR.
TCS appearing in AIS (collected by car dealer) can be claimed directly in ITR; it is not income.

25 August 2025 THANKS VERY MUCH SIR

25 August 2025 You are welcome.

22 September 2025 Good luck..


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