I recieved the following error after filing my ITR. I withdrew PF before completing 5 years of service and with it 10% TDS was deducted. This is mentioned in my form 26AS. I had also made some foreign remittance (~50,000 INR) for which no TCS was done by the bank. This is also mentioned in 26AS. I verified that all income in 26AS is captured in ITR, except the foreign remittance. I fail to understand why is my return categorized as defective. Please help.
The gross receipts shown in Form 26AS, on which credit for TDS has been claimed, are higher than the total of the receipts shown under all heads of income, in the return of income. Thus, while credit for TDS is being claimed, the corresponding receipts are not offered in the respective income schedules, to arrive at the taxable total income. Hence, the return of income filed is regarded as defective, as provided in Explanation (a) under section 139(9).
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