Query Regarding Claim of TDS for Earlier Financial Years Due to Late Filing by Deductor
This query is : Resolved
Hukam Chand
(Querist)
06 May 2026
Hi CA Club India,
I used to purchase goods from a buyer during Financial Years 2023–24 and 2024–25. The buyer deducted TDS from my payments during those years.
However, the buyer filed his company audit return, income tax audit return, and all pending TDS returns very late—in February 2026 (during Financial Year 2025–26)—for both Financial Years 2023–24 and 2024–25.
On the other hand, I had already filed my Income Tax Returns for Financial Years 2023–24 and 2024–25 within the due dates, but at that time the TDS deducted by the buyer was not reflecting in my Form 26AS/AIS because he had not filed the TDS returns yet.
Now the buyer has issued me TDS certificates (Form 16A) for Financial Years 2023–24 and 2024–25 and is advising me to claim this TDS in my Income Tax Return for Financial Year 2025–26.
My question is:
As per the provisions of the Income Tax Act, am I allowed to claim TDS for Financial Years 2023–24 and 2024–25 in my Income Tax Return for Financial Year 2025–26?
If yes, please explain the relevant provisions, rules, and practical treatment with accounting entries and examples. If not, what is the correct legal course of action available to me?
Thanks & Regards
Deepak
I used to purchase goods from a buyer during Financial Years 2023–24 and 2024–25. The buyer deducted TDS from my payments during those years.
However, the buyer filed his company audit return, income tax audit return, and all pending TDS returns very late—in February 2026 (during Financial Year 2025–26)—for both Financial Years 2023–24 and 2024–25.
On the other hand, I had already filed my Income Tax Returns for Financial Years 2023–24 and 2024–25 within the due dates, but at that time the TDS deducted by the buyer was not reflecting in my Form 26AS/AIS because he had not filed the TDS returns yet.
Now the buyer has issued me TDS certificates (Form 16A) for Financial Years 2023–24 and 2024–25 and is advising me to claim this TDS in my Income Tax Return for Financial Year 2025–26.
My question is:
As per the provisions of the Income Tax Act, am I allowed to claim TDS for Financial Years 2023–24 and 2024–25 in my Income Tax Return for Financial Year 2025–26?
If yes, please explain the relevant provisions, rules, and practical treatment with accounting entries and examples. If not, what is the correct legal course of action available to me?
Thanks & Regards
Deepak
06 May 2026
* TDS credit is allowed in the year income is taxed, not when TDS is filed
* Late filing by deductor does not change your claim year
* Correct remedy = ITR-U or Rectification
* Do NOT claim in FY 2025–26
* Late filing by deductor does not change your claim year
* Correct remedy = ITR-U or Rectification
* Do NOT claim in FY 2025–26
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