Excess TDS Paid - Form 26QC

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Dipen (Querist)
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08 April 2025 Dear Experts,

TDS for rent exceeding Rs 50,000/- has been paid at 5% for FY 2024-25. Challan Form 26QC has been paid. However Form 16C has been issued considering 2% since date of deduction is 31st March 2025.

Please advice if we can apply for refund for excess TDS paid.

Regards,

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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09 April 2025 Login to TRACES:
Go to the TRACES website and log in with your User ID, Password, and Verification Code.

Navigate to Refund Request:
Click on “Statements / Forms” and then select “Request for Refund”.

Review Refund Checklist:
Go through the refund checklist and click on “Proceed”.

Select Reason and Add Challan:
Choose the appropriate reason for the refund request.
Click on “Add Challan” and enter the challan details for which you want to claim a refund.

Enter Reason for Refund:
In the comment box, provide the reason for the refund request. Ensure it is within the 5000-character limit and uses only allowed characters.

View Challan Details:
Click on “View Challan Details” to review the challan consumption details.

Agree to Declaration:
Confirm all checkboxes and click on “I Agree” to proceed.

Enter Bank Details:
Provide the bank details where you want the refund to be credited. Include Bank Name, Account Number, IFSC Code, and Account Type.

Verification and Submission:
Review the verification details and click on “Proceed” to submit the refund request.

Dipen

Dipen (Querist)
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09 April 2025 Thanks!

Is physical submission required?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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09 April 2025 May be if required to submit indemnity bond.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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29 September 2025 Good luck..

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