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

TDS 666 views 2 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 (2)
Quick Summary
TDS on property sale must be claimed in the same AY as income (AY 2025-26). It cannot be carried forward. Errors in ITR (shown as advance tax) should be corrected via revised/rectification return.

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).

Thanks for your response,

Then how should i correct my current ITR form as i have already tried using grievance multiple time but i am not getting the right response from IT portal.

even they have not considered my TDS amount even after providing them details.


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