TDS U/S 194S

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This discussion addresses queries regarding Tax Deducted at Source (TDS) under Section 194S for Assessment Year 2024-25, particularly when combined with business income. The expert advises that ITR-3 is the appropriate form to file. It's confirmed that filing an ITR-U is possible, but only if there's an additional tax liability, and the TDS amount cannot be adjusted against the late filing fee; any additional tax due must be paid separately.

Ashish

Ashish (Querist)

27 July 2025 Dear Expert,

In A.Y 2024-25 there were a TDS u/s 194S an amount of Rs 60
1) plz suggest me which ITR to be filled for this, with another income is from business.

2) can i file the ITR U for this with a late fee of Rs 1000

3) Is TDS amount can be adjusted with late fee of Rs 1000 ? or should i have to unclaimed the TDS and 194S income in that year ?

Plz suggest, Thank you

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

28 July 2025 1. ITR 3.
2. Yes, but if you have additional tax liability.
3. No. You need to pay additional tax liability. No adjustment against late fees.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

25 September 2025 Good luck...

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