Tds excessive deposit (urgent)

This query is : Resolved 

19 April 2014 Dear all,

A govt department has deposited excessive tds by Rs. 7 Lacs in January 2014.

Is there any procedure for refund of extra deposited TDS. Please Guide.

Amit Jain

19 April 2014 pls check what account you deposit the excess tds.
it will refundable when amount deposit agst any agreement payment and this agreement now cancel by you.
you can apply with you ITO TDS regarding the tds amount.

19 April 2014 was tds deposited vide book entry or cash?

if it was paid in cash/actual money transfer, you can file Form 26B to claim refund.

if it was mere book entry, adjust against tds liability of february and march.


19 April 2014 This amount is actually deposited via cheque.

19 April 2014 then you can file Form 26B online after logging into tdscpc.gov.in


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