Excess tds deposited

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Querist : Anonymous

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Querist : Anonymous (Querist)
30 May 2016 Dear Experts,

I have deposited excess TDS in FY 2015-16 u/s 194 H.
1)Can i used this amount while preparing tds return in any other section for ex 194Jor 194 I.
2) Can i used the remaining amount of the TDS in next financial year.
3) I can claim refund of the same.

Thanks in advance

30 May 2016 1) yes 2)no 3)no

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Querist : Anonymous

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Querist : Anonymous (Querist)
30 May 2016 IT means i have no remedy except for utilising the excess tds paid in one section by setting off with other section. I cannot claim the refund and cannot settle TDS in next Financial year.Is there no other way to recover /settle excess tds paid


30 May 2016 You can adjust the excess payment in the next financial year or claim for refund.



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