Claiming of tax

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This query is : Resolved

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If TDS was deducted in FY 14-15 but your tax return wasn't filed until FY 19-20, you generally cannot claim that TDS in the later return. The due date for the FY 19-20 return has passed. To claim a refund for TDS deductions from earlier years, you may need to file a condonation application with the CIT under section 119(2)(b). If you've already filed and are seeing a 'Tax credit mismatching' error, you might need to file a rectification to address the claim.

Gautam Jaiswal

Gautam Jaiswal (Querist)
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27 April 2021 Sir
tds was deducted in fy 14-15 but return was no filed in fy 14-15
Return was filed in fy 19-20(1st time) and tds was claimed for FY 14-15, can we claim tds in fy 19-20 return ?
If not why ?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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27 April 2021 You can't claim TDS of fy 14-15 in latest financial year. The due date for filing ITR of fy 19-20 already over.
File condonation application with CIT under section 119(2)(b) to claim refund of TDS deduction for earlier 6 years.

Gautam Jaiswal

Gautam Jaiswal (Querist)
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29 April 2021 Sir I had already filled ITR for FY 19-20 but refund not rec'd for FY 14-15
And on site showing " Tax credit mismatching"

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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29 April 2021 File rectification under tax credit mismatch remove claim of fy 14-15.

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