In a ROI of individuval where as amount paid or credited as per 26 AS u/sec 194BA is "more" than the amount earned and returned u/sec 115BBJ ie., total summary of the assessee for the year shows a lesser amount or negative (loss); and finally return become defective when compared to 26AS how can we get through this defective return
The gross receipts shown in Form 26AS, on which credit for TDS has been claimed, are higher than the total of the receipts shown under all heads of income, in the return of income. Thus, while credit for TDS is being claimed, the corresponding receipts are not offered in the respective income schedules, to arrive at the taxable total income. Hence, the return of income filed is regarded as defective, as provided in Explanation (a) under section 139(9).
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