My employer has deducted a large erroneous payment from my Salary for FY 2015-16, FY 2016-17 & FY 2017-18 in the Financial Year 2018-19. The form 16 shows these sums as negative Arrears for the past years.
Do I claim the refund of the TDS for these amounts by revising the ITRs of the respective years or by filing Form 10E and then claiming a refund in the AY 2019-20?
Any advise please
No. You cannot revise earlier years ITR now. But check form 16 of FY 2018-19. If net TDS deducted is as per net salary receipt; you can offer the same for assessment.
Thank you sir for a prompt reply. TDS deducted is for the entire salary for FY 2018-19 without deducting the recovery (not the net salary). Can I claim the tax rebate on the recovery amount in the ITR for FY 2018-19 then?
That will not be accepted by CPC. Better to get it corrected from deductor.
Deductor can revise the TDS return.
Your query not clear to me. If you have received arrear in fy 2018-19 and tds has been deducted you can claim relief under section 89 by filing form 10E
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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