Find
If the deductor reported TDS in the wrong quarter or financial year, credit appears in the wrong year. The deductor can correct deductee details through a correction statement for the right period.
ITR
TDS shown under the wrong year or quarter
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Provisions
Sec 199, Income-tax Act 1961; Rule 37BA, Income-tax Rules 1962 (now Rule 203, Income-tax Rules 2026); Sec 200(3), Income-tax Act 1961 (now Sec 397(3)(b))
Analysis
For salary TDS deducted in March 2026, the credit belongs to FY 2025-26. If it shows in FY 2026-27, your AY 2026-27 return will show short credit. Ask the employer to correct the period. Where income is genuinely taxed in a different year than deduction, the rules let you claim credit in the year the income is taxed.
Close
- Check both years' 26AS for the entry.
- Confirm with the employer which period was reported.
- Ask for correction to the right quarter and year.
- Recheck 26AS for both years.
- Rectify the return once corrected.
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