Respected Members,
I have a partnership firm in which Interest was provided during FY. 2025-26, but by some mistake TDS was deducted higher than it was required. Actual tds required to be deducted was Rs. 1.5 Lacs for 2025-26 on interest on Partner Capital. But it was deducted 1.9 Lacs for the year and same has been deposited.
So i want to ask can we Claim excess TDS on Partner Interest in next year i.e. 2026-27. or any other option to adjust the excess tds.
Pls suggest.
Thanks you.