17 May 2016
I had wrongly paid excess TDS in one Section Code & I had selcted wrong code for nate of Payemt as as I had selctied 400 - TDS/TCS Regular Assessment insted off (200)TDS/TCS Payable by Taxpayer . Now my question is can I adjsted excess TDS in Current F.Y. in any Secation Code & any quarter or can I adjsut excess TDS in Next Financial Year i.e 2016 - 2017 Year & what abput Type Of Payment code whihc I had selcted wrong . If I can adujst then is there any letest circular of income tax please let me know
18 May 2016
the better course of action could be to visit the Assessing Officer of your jurisdiction and ask/request him/her to EDIT the same. The editing rights are given to the Assessing Officers.