REFUND CLAIM QUEERY TCS

I want to know that if a transportor purchase truck in yr 2017-18 and paid TCS on same . did not file any ITR , and if now , file ITR of f.y 2019-20, can he claim TCS of 17-18 in Itr of 2019-20.
Replies (4)
Quick Summary
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.

No. He can claim TCS credit in respective year that is FY 2017-2018 relating to Ay 2018-2019
No you cannot claim refund for such TCS but you can rectify your return under section 154 for the financial year 17 18
No you can't claim it in current year
No... you cannot but better you file condonation petition for a. y. 2018-19 and claim tcs in ITR

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
19 September 2026
CA/Semi-CA/BCom

Pravin Sarvaiya

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 26 August 2026
CA Article Assistant/CA Drop Out/Accounts Executive

PARV & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 15 September 2026
Freelance Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details
Company
28 August 2026
Audit Manager

K A R M & CO

Mumbai

CMA

View Details