Tax Executive
530 Points
Joined July 2012
If you have paid excess TDS for any month, you may adjust it for next month(s). For example, if you have deducted Rs. 1200/- in Oct'15 as TDS u/s 194C (TDS On Contractors) but due to some mistake you have deposited Rs. 2400/- agst this deduction, you should deduct Rs. 1200/- for next month (Nov'15) but you do not need deposit it as you already have deposited the same in previous month.