Claim Tax Collected at Source

Claim Tax Collected at Source

When you make high-value purchases—like buying a car or booking an international trip—you might notice an additional charge on your bill labeled Tax Collected at Source (TCS). This amount is collected by the seller and deposited with the Income Tax Department under your PAN. It’s a way to ensure that individuals making significant purchases are reporting their income and taxes accurately.

While TCS might seem like an added expense, it’s not an extra tax. You can claim for refund when filing your Income Tax Return (ITR). 
Web
Mobile
Web

Steps to update Tax Collectedted at Source

There are three ways to add the TCS:

Import from ITD using Autofill

  • Navigate to File > Add Tax Credits

  • Click on Import from ITD using Autofill

  • Connect to the Income Tax Department via Aadhaar OTP or login credentials.

  • Once connected, your TDS, TCS, Advance Tax, and Self-Assessment Tax will be automatically imported

Upload Form 26AS

  • Go to File > Add Tax Credits

  • Click on Upload Form 26AS

  • Attach your Form 26AS (downloaded from the Income Tax Portal

  • Review the auto-fetched credits and proceed

Add Manually

  • Navigate to File > Tax Credits

  • Click on Add Manually

  • Select the type of tax credit: TDSTCSAdvance Tax, or Self-Assessment Tax

  • Fill in the required details such as TANName of DeductorAmount, etc.

Mobile

Steps to update Tax Collectedted at Source

There are three ways to add the TCS:

Import from ITD using Autofill

Upload Form 26AS

  • Go to File > Add Tax Credits

  • Click on Upload Form 26AS
  • Attach your Form 26AS (downloaded from the Income Tax Portal
  • Review the auto-fetched credits and proceed

Add Manually

 



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