Missing TCS claims: Simple mistakes that are causing big refund losses for taxpayers
Published in News18 in December 2025
Avnish Arora, Executive Director, Direct Tax, said the rate of TCS—whether 5% or 20%—does not affect a taxpayer’s right to claim it. He explained, “Once TCS is collected and appears in Form 26AS, it works exactly like TDS and can be fully claimed as credit."