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Forgot TCS credit in ITR? You can still claim it via revised return
Taxpayers who missed TCS credit in their ITR can file a revised return under Section 139(5) by December 31, 2026, or by March 31, 2027, with a late fee.
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Taxpayers who missed claiming a tax collected at source (TCS) credit in their income tax return filed before the July 31 deadline can still correct the error. The Income Tax Department allows a revised return under Section 139(5) of the Income-tax Act, 1961, to fix omissions or wrong information.
The window to file a revised return for assessment year 2026-27 remains open until December 31, 2026. Taxpayers can also file by March 31, 2027, with the prescribed late fee.
Consider a taxpayer named Sheena. She filed her ITR just before the due date and could not claim ₹18,000 in TCS credit collected on a foreign remittance. Her Form 26AS and Annual Information Statement (AIS) showed a mismatch. She can simply file a revised return to add the tax credit later, according to the I-T department's FAQs.