Claiming TDS deducted by builder on Hardship compensation and Corpus

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Discussion on claiming TDS deducted by a builder on hardship compensation and corpus payments. Experts clarified that TDS can be claimed only after the financial year ends by filing an ITR, and refund eligibility depends on the final taxable income and tax liability.

Micheal Walter

Micheal Walter (Querist)
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06 February 2026 Dear Experts,

Greetings

Kindly guide if I claim TDS immediately after builder has deducted or do I have to wait till end of FY to file return.

Will I get refund of total TDS deducted by the builder?

Thank you.
Sincere Regard
Micheal

Aashok Kumar Sharma online

Aashok Kumar Sharma online

(Expert)
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07 February 2026 TDS deducted by builder can be claimed only after the financial year ends by filing your income tax return. Refund depends on whether hardship compensation and corpus are taxable in your case. If your final tax liability is lower than TDS deducted, the excess will be refunded.

Micheal Walter

Micheal Walter (Querist)
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07 February 2026 Sir,

Thank you for the response. I have no taxable income. My Interest earned in NRE Account is not tax free.

Thank you

Regards

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