Calim TDS of Previous Year

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If you haven't filed an Income Tax Return for a previous financial year (like AY 22-23) and had TDS deducted (e.g., £22,000 under Section 194H), you can generally claim this TDS in the current AY 23-24 return. To do so, you must declare the income on which the TDS was deducted, along with your current year's income. It's important to note that commission income cannot be declared under Section 44AD, and you should consider filing ITR 3 instead of ITR 4 for such cases.

Javed Memon

Javed Memon (Querist)
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25 June 2023 Respected Sir
I have not filled Income Tax return for A.Y. 22-23, in this Year TDS Deducted 22,000 u/s 194H
Can i Claim this tDS in A.Y. 23-24 Return ?

if Yes then What Income Should be Declare in itr i.e. only Current year income or Current plus Previous Year income

and What is the rule of Claim TDS of Previous Year ??

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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25 June 2023 The income as per TDS column, i.e over which the TDS got deducted, need to be declared to claim the TDS along with current years income.

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Javed Memon

Javed Memon (Querist)
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26 June 2023 TDS Deducted u/s 194H From THE GUJARAT STATE CIVIL SUPPLIES CORPORATION LIMITED
(Free Distribution of rations to Public)

Can i File ITR 4 Declaring Only Commission Income ?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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26 June 2023 No. Commission income cannot be declared under sec. 44AD IT act. File ITR 3.

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