TDS

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

05 June 2010 as per new amendment in TDS, we have to submit a new form 24G upto 10th of next month. pls send format of form 24g & information about this form

kantijain

kantijain (Expert)
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05 June 2010 Dear ???

Only govt deductor's have to submit a statement in Form 24G;

the relevant extract of notification is as follow:
"(4) In the case of an office of the Government, where tax has been paid to the credit of the Central Government without the production of a challan, the Pay and Accounts Officer or the Treasury Officer or the Cheque Drawing and Disbursing Officer or any other person by whatever name called to whom the deductor reports the tax so deducted and who is responsible for crediting such sum to the credit of the
Central Government, shall‐
(a) submit a statement in Form No. 24G within ten days from the end of the
month to the agency authorised by the Director General of Income‐tax
(Systems) in respect of tax deducted by the deductors and reported to him
for that month; and
(b) intimate the number (hereinafter referred to as the Book Identification
Number) generated by the agency to each of the deductors in respect of whom the sum deducted has been credited.