A taxpayer filed their Income Tax Return for FY 2020-21 without claiming TDS credit because it wasn't yet visible in Form 26AS. The deductor later filed their TDS return late, after the deadline for belated returns. Although the TDS is now visible in Form 26AS, the taxpayer cannot revise their return to claim the credit due to time limits. While rectification under section 154 was suggested for tax credit mismatch, the user reported no refund was received after filing it.
15 March 2024
We filed our Income Tax Return (ITR) for the financial year 2020-21 when the Tax Deducted at Source (TDS) wasn't visible in Form 26AS. Consequently, we didn't claim the TDS credit. However, the deductor later submitted the TDS return after the deadline for filing belated returns. Although the TDS now appears in Form 26AS, we're unable to revise our return and avail the TDS credit due to the time limitation. Is there a way for us to claim the TDS credit?