Income Tax E-form 71 u/s 155(20) Rule 134

Check if PAN of the deductor works, otherwise contact JCIT- TDS.

For a property purchase covered by section 194-IA, the buyer uses Form 26QB, not a TAN-based TDS return. The buyer is identified by PAN, so a TAN is generally not allotted for this transaction. Form 71’s mandatory “TAN of Deductor” field therefore creates a practical mismatch; do not enter a fictitious TAN or another party’s TAN.

First check whether the buyer filed Form 26QB and whether the tax credit appears in the seller’s Form 26AS/AIS. If the buyer did not file or pay, the seller cannot claim credit merely because tax was required to be deducted; the buyer should regularise the 26QB filing/payment, after which the credit can be verified. Form 71 may be relevant to a delayed TDS-credit claim, but its acceptance where a TAN is not applicable should be confirmed through the current portal procedure or jurisdictional authority before filing. The applicable assessment year and whether any 26QB was filed will affect the next step.

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Form 71 for TDS deducted in a later year:

• Form 71 (Sec 155(20), Rule 134) lets you claim credit for TDS deducted in a later year on income you offered in an earlier year's return. File within 2 years from the end of the FY in which TDS was deducted. It applies to TDS on property sale (194-IA) as well. The AO then rectifies the earlier year to allow credit.