TDS excess deposit

I have deposit Rs.166540 excess amount to TDS account under 194C in Feb 20

can I utilize this amount in F Y. 20-21
Replies (2)
Quick Summary
If you've made an excess deposit to your TDS account, specifically under section 194C, you can indeed utilise this amount in the current financial year (FY 20-21). To do so, you'll need to make the necessary adjustments on the TRACES website. This will allow you to apply the excess amount when filing your taxes in the next quarter.

Yes you can.

But you would have to adjust this amount in Traces website.

 

 

 

 

Yes you can normally use this amount at the time of filing in next quarter.

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