ITR has been filed for AY 23-24. Tds deducted approx 25k as per 26AS.
But due to some reason tds didn't get claimed. & ITR processed with no refund.
Can we claim the tds refund for the same year by filing ratification 154. Or is thr any other process for the same ?
Replies (11)
Quick Summary
If you filed your Income Tax Return (ITR) for AY 23-24 and missed claiming your TDS deduction, you have options to recover it. You can file a rectification application under Section 154 of the Income Tax Act to correct the mistake. Alternatively, if your ITR hasn't been fully processed or an assessment order hasn't been issued, you may be able to revise your ITR to include the unclaimed TDS. It's also possible to claim unclaimed TDS from previous years (up to the last 6 AYs) in your current or subsequent ITR filings, provided the TDS appears in your Form 26AS.
I filled ITR AY 24-25, Old TDS not claimed FOR AY 19-20 WAS refused, I again filled revised ITR with unclaimed TDS of FY 18-19, this time revised ITR processed with full refund of unclaimed TDS
IF YOU MISSED TO CLAIM THIS AY 24-25, YOU CAN REVISED ITR IN SAME REGIME TILL 31 ST DEC 2024 ADD YOUR UNCLAID TDS
IN TAX PAID SCHEDULE TDS -ADD MORE -TAN NUMBER- B/F BROUGHT FORWORD AMOUNT DONT MAKE MISTAKE - FY (NOT AY)- CLAIMED IN HAND- GROSS INCOME- UNDER SECTION
If you filed ITR AY 23-24 and you forgot to claim TDS and ITR processed and assessment order issued, you have option u/s 154 for rectification or claim unclaimed TDS in next AY as I did, you can claim same in AY 24-25 since you filed your ITR and assesment order yet not received, you can revise it before 31st dec 24 like I did.