REFUND CLAIM QUEERY TCS

This discussion addresses whether a transporter who purchased a truck in 2017-18 and paid TCS can claim it on their 2019-20 Income Tax Return (ITR). The consensus is that TCS must be claimed in the respective financial year it relates to (FY 2017-18 for AY 2018-19). While direct claims in a later year are not permitted, options like rectifying the original return or filing a condonation petition for the relevant assessment year are suggested.