https://www.taxtmi.com/forum/issue?id=1216 Adjustment of excess TDS deducted: where excess arises within the same quarter it may be adjusted against that quarter's liability; where it spans different quarters a revised TDS return should be filed to correct the deposited or reported excess. Excess deduction differs from excess deposit: if excess has been deposited and shown, the return must be revised; if returns are not yet submitted, intra-quarter adjustment against the next quarter's liability is commonly used, while carrying forward to the next financial year is doubtful. en-us Wed, 27 May 2009 15:48:34 +0530 Thu, 23 Jan 2025 15:58:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1216 Adjustment of excess TDS deducted: where excess arises within the same quarter it may be adjusted against that quarter's liability; where it spans different quarters a revised TDS return should be filed to correct the deposited or reported excess. Excess deduction differs from excess deposit: if excess has been deposited and shown, the return must be revised; if returns are not yet submitted, intra-quarter adjustment against the next quarter's liability is commonly used, while carrying forward to the next financial year is doubtful. Discussion-Forum Income Tax Wed, 27 May 2009 15:48:34 +0530 https://www.taxtmi.com/forum/issue?id=1216