07 August 2024
Error Description The gross receipts/income, on which tax has been deducted, are to be entered in the schedules under the respective heads of income, as they are assessable in the year in which the credit for the TDS is being claimed.
Probable Resolution If the receipts as per Form 26AS is not offered in the year in which the TDS credit is claimed, then the claim of TDS will be restricted on the basis of proportion of the receipts offered in the return of income to the receipts in Form 26AS, as per Rule 37BA of the IT Rules. The correction of this defect is to be made by filing the corrected return by offering all the receipts as per form 26AS or by claiming the TDS proportionately as above.
07 August 2024
Please guide me how to rectify defective return. Asseessee has Salary income and received arrears salary for fy 22-23. And form 16 given including arrears salary. 10E form not given by employer. Assesse file 10E online before submitting his tax return.
08 August 2024
Form 10E has to be filed by the assessee claiming relief of arrears of salary. It has to be filed before filing ITR & e-verified. What is the status of the form on your e-filing profile?
08 August 2024
Check if there was tax liability for arrears salary as per sec. 89(1). Refer: https://www.taxbuddy.com/blog/form-10e-how-to-claim-tax-relief-under-section-89-1
08 August 2024
So, you got the defect. Well. you cannot revise form 10E. But there was option of refilling it. Don't know if the new one will be considered for the ITR already filed.
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