Individuals are required to pay various taxes such as advance tax, self-assessment tax, and TDS/TCS throughout the year. 


While filing an Income Tax Return, these taxes that have been already paid can be claimed as “tax credits” and hence reduce the tax payable.


Tax Credits can be added on Quicko in 3 ways:


Prefill (Recommended)

Quicko is an authorized ERI. With your permission, our product fetches details like taxpayer information, income details, tax credits & bank accounts from your ITD account.


  • Navigate to Filing > TAX CREDITS from the side nav
  • Click on Authorize
  • Select a method to connect your ITD account 
    • OTP on Aadhar Registered Mobile Number > Enter the OTP & click on Verify
    • ITD Portal Credentials > Enter the credentials & click on Authorize



Upload Form 26AS

  • Navigate to Filing > TAX CREDITS from the side nav
  • Click on Have Form 26AS?
  • Click on Drop your Form 16 or Browse
  • Click on Save


From AY 2023-24 oneards, Form 26AS will show only TDS & TCS transactions. All other taxes paid will be reflected in the AIS.



Note:Make sure that Form 26AS is:
    1. In a PDF Format
    2. Of the relevant assessment year
    3. Of the same tax payer



Add Manually

  • Navigate to Filing > TAX CREDITS from the side nav
  • Scroll down to Add Tax credits detail manually
    • Enter the TDS details for the tax deducted on your behalf 
      1. Financial year
      2. Source of Income 
      3. TAN/PAN 
      4. Name of the Deductor, Credit &TDS Amount 
    • Enter the TCS details for the tax deducted on your behalf 
      1. Financial year
      2. TAN & Name of the collector
      3. Debit Amount & Tax Deposited Amount
    • Enter the details of the Taxes Paid by You; self-assessment tax or advance tax
      1. BSR Code
      2. Challan Serial
      3. Date of payment & Tax Deposited Amount


Note:
You can add multiple tax credits by clicking on the ADD button.



⚠️ TDS deducted on account of crypto trades might get reflected if you prefill or upload form 26AS. However, since currently we are not supporting crypto taxation on Quicko, you will not be able to add the crypto income and hence file return via Quicko.
However, you can file your return using ITR JSON on the e-Filing portal.