Excess TDS payment in 2022

You can adjust the challan with any other TDS payments in future.

In case tax has been deposited more than the required tax deducted at source for a particular Assessment Year, the excess amount of tax can be claimed in the following quarters of the relevant year. The balance amount if any, can be carried forward to the next year for claim in the TDS statemenT

Originally posted by : Eswar Reddy S
	Since Assessment Year will be changed & the current challan can't be used for next AY.

Sorry, but that's absolutely, completely incorrect.

Any excess TDS can be used for all subsequent quarters of the year, as well as all 4 quarters of the next year. ie : excess from Q1 of 2021022 can by used for Q2, Q3 and Q4 of 202122 as well as Q1, Q2, Q3, Q4 of 202223.

It's been this way for 10 years I think.

And in addition, there is no connection between the section under which TDS is paid and the sections under which TDS is filed in the return. 

So any excess under 194C today, can be used for any and all other TDS sections in the future.

This has been the case for at least 10 years too, I think.

Originally posted by : Eswar Reddy S
	Do you mean Section 194J can be used for 194C ?

Yes.

And it's not me saying it. The tax department has said this since 10 years. The section under which tds was deposited is irrelevant. And you can use any excess tds balance (accidental or deliberate) for future returns under any section.

https://www.caclubindia.com/forum/tds-payments-vs-deduction-194c-587290.asp?offset=1

https://www.caclubindia.com/forum/tds-payment-under-different-section-589223.asp?offset=1