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Form 24G
What Is Form 24G?
Form 24G is a monthly statement submitted by Drawing and Disbursing Officers (DDOs) or Pay and Accounts Offices (PAOs)/District Treasury Offices (DTOs) in the government sector. It is used to report TDS (Tax Deducted at Source) collected and paid to the government without the use of a challan, typically through book adjustments.
Unlike private sector entities that deposit TDS using challans, government offices often deduct TDS and adjust it through internal accounting. Form 24G helps report and reconcile these book-based TDS deductions with the Income Tax Department.
Who Submits Form 24G?
Form 24G is submitted by:
- Accounts officers in Central and State Government departments
- Pay and Accounts Officers (PAOs)
- District Treasury Officers (DTOs)
- Cheques Drawing and Disbursing Officers (CDDOs)
They file Form 24G on behalf of multiple DDOs under their jurisdiction who deduct TDS from salaries, contractor payments, professional services, etc.
Purpose of Form 24G
The key purposes of submitting Form 24G include:
- Reporting TDS deducted and paid through book entries (not via challan)
- Generating Book Identification Numbers (BINs) for each DDO, which must be quoted in their respective TDS returns
- Ensuring proper credit of TDS to the deductees’ PANs
- Maintaining compliance with government accounting standards and the Income Tax Act
What Is BIN in Form 24G?
BIN (Book Identification Number) is a unique number generated after successful processing of Form 24G. It contains:
- Receipt Number of Form 24G
- DDO Serial Number
- Date of Transfer Voucher
Each DDO must use this BIN while filing their quarterly TDS returns (Form 24Q, 26Q, etc.). BIN serves the same purpose as a challan number for non-government deductors.
Timeline for Submission
Form 24G must be submitted within 10 days from the end of the month in which TDS is deducted. For example, for deductions made in July, the due date is 10th August..
Timely submission is essential to avoid mismatches in the TDS records and ensure proper credit to taxpayers.
How to File Form 24G
- Download and prepare the statement using Form 24G Return Preparation Utility (RPU) provided by the NSDL
- Validate the file using File Validation Utility (FVU)
- Upload the validated file through the TIN-FC (Tax Information Network – Facilitation Centre) or NSDL website using authorised login credentials
- After successful upload, a Provisional Receipt Number is generated
Upon successful processing, BINs are issued and must be distributed to the relevant DDOs for their reporting.
How to File Form 24G
- Ensures accurate TDS credit for deductees in government departments
- Replaces challans in government book adjustments
- Supports proper reconciliation between government accounts and the Income Tax Department
- Mandatory for compliance under Section 200(2A) of the Income Tax Act
