Can we claim refund of TDS(property sale) of current FY in next financial year

TDS 30 views 1 replies

Hi,

I have been stuck with a issue that i have sold my property in FY2024-2025 and try to claim that in Assesment year 2025-2026 but by mistake it got mentioned in Advance tax instead of TDS, so can anyone tell me how to reolve this issue ?

Also, is it possible for me to claim this TDS in next assesment year which means 2026-2027 ?

seeking for suggestions and advice.

Replies (1)

No, you generally cannot shift TDS credit to the next financial year (AY 2026–27). TDS must be claimed in the same assessment year in which the income is taxable (AY 2025–26 for FY 2024–25 sale).


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