Excess TDS Paid - Form 26QC
This query is : Resolved
Quick Summary
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,
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,
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.
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.
09 April 2025
May be if required to submit indemnity bond.
29 September 2025
Good luck..
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