TaxTMI 
TaxTMI 
In the TDS return for FY 2025-26, Quarter 1, excess TDS credit was given to one deductee by mistake. Matter is that----TDS was to be deducted at 2% on Rs. 1,00,000, but instead it was deducted at 2% on Rs. 2,00,000. Even if the TDS return is revised, how can the benefit of the excess TDS deposited be claimed?
Excess TDS deposited due to double entry booked in TDS return
23 Apr 2026 
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Excess TDS correction through revised return, deductee credit, or deductor refund, with strict reconciliation requirements.
Excess TDS arising from a double entry in the TDS return may be regularised by filing a correction statement and reconciling the credit reported for the deductee. If the excess credit continues to reflect in Form 26AS, the deductee may claim it in the return of income; if the corrected statement reduces the credit, the deductor may seek refund through the prescribed mechanism, subject to supporting documents and confirmation that the deductee has not claimed the credit. Consistency between the revised return and the TDS certificate is required. (AI Summary)
Excess TDS arising from a double entry in the TDS return may be regularised by filing a correction statement and reconciling the credit reported for the deductee. If the excess credit continues to reflect in Form 26AS, the deductee may claim it in the return of income; if the corrected statement reduces the credit, the deductor may seek refund through the prescribed mechanism, subject to supporting documents and confirmation that the deductee has not claimed the credit. Consistency between the revised return and the TDS certificate is required. (AI Summary)