Life iz Hard; I'm Harder
1178 Points
Joined October 2010
See suppose you paid
500 at the rate of 2% which should actually be say
400 at the rate of 1.5%.
Now the only way you can use your those
100 in excess is by showing in TDS return in the interest column
400 only.
The remaining
100 you can use it in succeeding TDS returns.
There is not rule framed regarding Refund of TDS amount wrongly deposited in Govt A/c.