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

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.

TDS deducted under Section 194-IA gets credited in your Form 26AS for the financial year in which the buyer deposits it. So if the property was sold in FY 2025-26 and the buyer deposited TDS in that year, the credit sits in your AY 2026-27 ITR and has to be claimed there. You cannot defer or carry forward the TDS credit to next year's ITR. If you miss the July 31, 2026 deadline, you can still file a belated return by December 31, 2026 with a late fee of Rs 5,000.

Our [TDS on property purchase guide](https://taxgarden.in/blog/tds-on-property-purchase-section-194-ia-form-26qb-india) has the full timeline on 26AS reconciliation and refund claims.

If one has already filed the IT Return for the current FY, then generally there is no option to claim refund of TDS for current FY in the next financial year separately. The refund is always linked with the ITR of that year.

Where TDS on property sale has already been deducted as per section 194IA, then you should:

1. Ensure that the TDS is being accurately reflected in your Form 26AS/AIS.
2. File ITRs for the respective AY after the end of the financial year.
3. In case the total tax liability is less than the TDS deducted, the balance tax amount will be automatically issued as a refund.

If the TDS is deducted by the buyer in excess amount then practically the seller is not able to directly correct the same. In such cases:

• If the error in the TDS return is clerical, the buyer may correct the same.
• Ensure correct PAN and amount are reported
• Store safety the sale deed, calculation of capital gains and TDS certificate.

Also ask yourself if the capital gains exemption can save you taxes such as:

• 54- purchase of residential house.
• Section 54EC bonds
• Cost benefit for LTCG has been indexed.

It can assist in increasing your tax refund illegality.