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TDS of Previous year reflected in 26AS after a year of filing the return.

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Dhruv Jain

Practicioner

153 Points Posted on 30 September 2020

Assessee have filed the return of Income for the FY 2018-19 before the due date and have claimed the TDS receivable according to form 26AS as on that date.

Now after a year a party from whom the assessee was suppose to claim TDS has now filed his TDS return and the same is reflected in form 26AS for the FY 18-19.

How the new TDS amount for FY 2018-19 can be claimed.

Replies (3)

Quick Summary

This discussion addresses a common issue where TDS from a previous financial year (e.g., 2018-19 or even 2015-16) is reflected in Form 26AS only after the income tax return has already been filed. The primary solution suggested is to file a revised return to claim the newly appeared TDS. For older financial years where a revised return might not be an option, rectification or condonation applications are discussed as alternatives.

Sagar Patel

Tax and Business Consultant

5533 Points Posted on 30 September 2020

You can file revised Return and claim that TDS..

jacinthamary

accountant

542 Points Posted on 30 September 2020

@ sager Patel sir
what if the same case but FY is 2015-16.

Sunil Sunny Kumar

46 Points Posted on 01 October 2020

If you claim full amount of TDS according to form 16 or 16A then you apply for rectification. if you claim as per 26 AS then you file revised return if possible. if not than you apply 264 or condonation.