If the income tax refund issued to you is less than what was claimed by you due to denial of TDS credit as shown in the Form 26AS, then such taxpayers can file a rectification request under section 154 of the Income-tax Act, 1961 to claim the balance tax refund.
Here is a step-by-step guide on how to file a rectification request on the new e-filing tax portal, as per the income tax department's website.
How to file a rectification request on the new e-filing tax portal
Step 1: Log in to the e-Filing portal using your valid user ID and password. Step 2: Under Services, click Rectification. Step 3: On the Rectification page, click New Request. Step 4a: PAN will be auto-filled. Select Income Tax or Wealth Tax from the drop-down menu. Here we will be selecting income tax. Step 4b: Select the Assessment Year from the dropdown. Click Continue. Note: You must also provide the most recent intimation reference number for income tax and click Continue if you choose the Wealth Tax option. Step 5: Rectification requests have the following classification:
Income Tax Rectification for Tax Credit Mismatch Correction
Step 6: Select the request type as Tax Credit Mismatch Correction. Step 8: The schedules for this request type are automatically filled up depending on the records in the processed return. To edit or delete a schedule, first pick it and then click Edit or Delete.. Step 9: Click Continue to submit the request. Step 5: On submission, you will be taken to the e-Verification page. Make sure to e-verify your rectification request.
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Points to note
After 4 years from the end of the FY in which the intimation u/s 143(1) was passed, you are not entitled to make a rectification request.
If you used DSC (Digital Signature Certificate) to e-verify your ITR, you must also use DSC to e-verify your rectification request. Your DSC should be active, not expired, and registered with e-Filing. If you don't, you'll be directed to the Register / Update Digital Signature Certificate (DSC) page to do so.
The rectification request cannot be modified in any way, and it cannot be withdrawn either. You can submit a second rectification request once the previous one has been addressed by CPC.
Only returns that have already been processed by the CPC are eligible for such rectification requests.
Only the following parties can file a rectification request on the e-filing portal if they receive an order or notice from the CPC under section 143(1): Registered taxpayers; ERIs (who have added client PAN); Authorized Signatories and Representatives.
