Posted On : 07 January 2026
TDS REFUND CLAIM RELATED
One of my client whose tds was to be deducted under section 194C of the income tax act 1961 however the deductor deducted mistakenly under section 194JB. This issue we had informed the income tax department which the department had accepted it.
Now while filing the ITR we have to claim TDS deducted as per 1 percent which was applicable to us under section 194C or we have to consider 10 percent TDS which was mistakenly deducted under section 194JB.
For example:
TDS deducted was 10 percent on 31 lac which was 3,10,000 however tds must have been deducted at 1 percent which must be 31000
Now my query is while filing ITR I should consider my tds as 31,000 or 3,10,000 ???