Master in Accounts & high court Advocate
9610 Points
Posted on 22 August 2024
You can follow these steps to resolve the issue: 1. _Check Form 26AS_: Verify that the TDS amount is correctly reflected in the current year's Form 26AS. 2. _ITR Filing_: While filing the ITR, do not include the income again in the current year. Only report the TDS amount in the "TDS Credits" section of the ITR. 3. _TDS Claim_: In the "TDS Claims" section, select "Yes" for "Is TDS claimed?" and enter the TDS amount. 4. _Disclosure_: In the "Additional Information" section, provide a clear disclosure about the TDS amount being claimed in the current year, despite the income being reported in the previous year. 5. _Supporting Documents_: Keep a copy of the previous year's ITR, Form 26AS, and any other relevant documents to support your claim. 6. _CPC Processing_: Once the ITR is processed, the CPC will automatically match the TDS amount with the Form 26AS records. 7. _Refund or Adjustment_: If the TDS amount is valid, the refund or adjustment will be processed accordingly.