TCS NOT CLAIMED IN PREVIOUS YEAR, BECAUSE TCS AMOUNT WAS NOT UPDATED IN 26 AS


This query is : Resolved 

Quick Summary
If you couldn't claim your Tax Collected at Source (TCS) in a previous year because the amount wasn't updated in your Form 26AS, you can still claim it. The recommended method is to file a rectification under section 154 of the Income Tax Act to correct the tax credit mismatch. Unfortunately, there isn't an option to claim old, unclaimed TCS directly in the current year's Income Tax Return (ITR).

27 June 2022 TCS NOT CLAIMED IN PREVIOUS YEAR, BECAUSE TCS AMOUNT WAS NOT UPDATED IN 26 AS AT THE OF FILED RETURN . BUT NOW THE TCS AMOUNT HAS UPDATED IN A.Y. 21-22 AND SHOWING IN 26 AS (A.y. 21-22 26AS) ON DATED 13/05/22 (TRANSLATION DATE WAS 01/02/21). A.Y. 21-22 HAS FILED WITHOUT TCS CLAIM. SO , NOW HOW TO CLAIM THE ABOVE SAID TCS AMOUNT ?

27 June 2022 File rectification under section 154 tax credit mismatch and claim TCS.

27 June 2022 Thank you sir, I shall do it.
Sir , I want to know also , That ,
Is there any option in current year ITR ,to claim old unclaimed TCS ?

27 June 2022 There is no such option available.

27 June 2022 Thank you very much sir

27 June 2022 You are welcome.
......


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Follow