Thursday, September 26, 2024

Got tax notice to pay additional tax? Your TDS claim rejection could be the reason; know when it can happen

Tax Deducted at Source (TDS): Your tax liability will increase if the tax department disallows your TDS credit claim. Now a TDS credit claim can be rejected due to many reason like data mismatch, etc. So if you are in such a situation you can take some additional steps to get the issue rectified. Do note that if Form 26AS does not show a TDS credit, you can't claim it in the ITR.

from Tax-Wealth-Economic Times https://ift.tt/vgOImBA

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