TDS Adjustment of Last Year

This query is : Resolved 
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This discussion clarifies whether excess TDS paid in the financial year 2020-21 can be adjusted against the tax liability due in May 2021. The consensus is that you can indeed adjust the excess TDS by including the relevant challan in your May 2021 return. Alternatively, you also have the option to claim the excess TDS as a refund.

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(Querist)
04 June 2021 Dear Sir,

Excess TDS paid in FY -2020-21, can we adjust the same against liability of May-21
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
05 June 2021 Yes, you can adjust, include the challan in May 21 return.
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KAVIRAJA ADDANGADI

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KAVIRAJA ADDANGADI (Expert)
05 June 2021 YES YOU CAN ADD THE CHALLAN AND UTILISE
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CA Rajat Pathak

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CA Rajat Pathak (Expert)
05 June 2021 Yes you can..
Or you can claim as refund
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