23 January 2026
My income tax returns are already processed for FY 24-25 and I have got TCS credit in form 26 AS after processing returns. Can I claim FY 24-25 TCs refund in FY 25-26
26 January 2026
No, you cannot claim FY 2024-25 TCS in your FY 2025-26 return. Tax credits must be claimed in the specific Assessment Year (AY) they belong to. For FY 2024-25, the relevant Assessment Year is AY 2025-26.