16 September 2024
Can I claim less TDS to file updated return?
If Tax = Rs.30000 and I have TDS deducted = Rs.100000 for FY 2022-2023, can I claim Rs.29000 from TDS and pay Rs.1000 as tax and file updated return? If yes, is there a way to claim the TDS next year?
16 September 2024
You cannot file updated return in this case, as there is refund due. You can file return u/s. 119(2)(b) IT act, and claim TDS; only after getting permission to file return from JCIT.