18 December 2015
Dear Sir/Madam, we have paid Excess TDS Amount for the year 2007-8 to 2011-12. Can we used this amount in the next year? or If refund is possible what is the porecdure of Get the refund Amount?
18 December 2015
Yes the excess amount can be adjusted with liability of next years.
Also it is to be noted that the refund of excess tds paid can be claimed. The procedure is given in the below link : http://abcaus.in/excess-tds-refund/online-request-claim-form26B.html