Form 24g

AMIT SHAH (CA Final Student) (198 Points)

07 July 2012

What is form 24G in tds...???

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MAHESH GARG (AUDIT EXECUTIVE) (334 Points)
Replied 07 July 2012

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.

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