Reconcile TDS with Form 168 (26AS) and AIS
1 min read
Updated 03 Oct 2026
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AI summary
Make sure every rupee of TDS cut from your income shows up as credit, and fix it when it does not.
5 sections 4 steps
Why it matters
You can claim credit for TDS in your return only if it appears in Form 168 (earlier Form 26AS). If a customer cut TDS but did not report it, your credit is missing and you pay the tax again.
Monthly or quarterly check
- In your books, list TDS Receivable entries by customer (from receipts where the customer paid you less TDS).
- Download Form 168 from the income tax portal.
- Match by customer (TAN), amount and quarter.
- Mark each line: matched, missing in Form 168, or missing in books.
When Form 168 is short
| Reason | Fix |
|---|---|
| Customer deducted but did not deposit or file | Ask them to deposit and file the return |
| Customer used a wrong PAN | Ask them to file a correction return with your right PAN |
| Customer booked it in a different quarter | Match across quarters; it may appear later |
| Customer reported a different section | Credit is still yours; no action needed for the claim |
When books are short
Form 168 shows TDS you did not record. Pass the entry in your books so your receivable from that customer is correct.
Tip
Ask customers for Form 131 every quarter. It is proof of deduction, and it helps you chase missing credits before the year ends.
Law as of September 2026. Verify against the latest notifications before relying on it for filings.
Sources
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