TDS deducted under Sec 194IA/194IB/194M

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This discussion clarifies which Income Tax Return (ITR) to file when TDS has been deducted under sections 194IA, 194IB, or 194M. It explains that ITR 3 is generally the correct form and provides guidance on how to report the income under different heads (Capital Gains, House Property, or PGBP) depending on the specific section. It also addresses common errors encountered during ITR submission and offers solutions.

Bikram Mandal

Bikram Mandal (Querist)
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28 August 2021 Which ITR is to be filed for TDS deducted under Sec 194IA or 194IB or 194M?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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29 August 2021 File ITR 3

Bikram Mandal

Bikram Mandal (Querist)
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29 August 2021 Where to show the income in itr 3??

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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29 August 2021 TDS u/s.194-IA would be under CG.
TDS u/s. 194 -IB under head Income from HP
TDS u/s. 194M under head PGBP.

Bikram Mandal

Bikram Mandal (Querist)
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26 September 2021 While submitting ITR 3, following error massage coming:-
1. Please select an option from section Code
2. Please select whether you have furnished any other audit report.
Rent of Rs. 11 lakhs is showing u/s sec 194 IB in 26AS.
Its been shown in Income from House Property and He/she is not liable to file tax audit report.

Now, what to do?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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26 September 2021 Is tax audit applicable in your case? The utility is verifying it. So, select the options accordingly.

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