Mode of payment in case of TDS made by an office of Government without production of challan

With effect from 1-6-2015, sub-section (2A) of section 200 provides that in case of an office of the Government, where TDS has been paid to the credit of the Central Government without the production of a challan, the Pay and Accounts Officer/Treasury Officer/Cheque Drawing and Disbursing Officer/any other person, who is responsible for crediting TDS to the credit of the Central Government, shall deliver to the prescribed income-tax authority, or to the person authorised by such authority, a statement in such form, verified in such manner, setting forth such particulars and within such time as may be prescribed.

Rule 30 provides that 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 submit a statement in Form No. 24G to the agency authorised by the Principal Director of Income-tax (Systems) in respect of tax deducted by the deductors and reported to him.

Following points may be noted :

♦             Statement shall be furnished—

(a)          on or before the 30th day of April where the statement relates to the month of March; and

(b)          in any other case, on or before 15 days from the end of relevant month.

♦             Statement shall be furnished in the following manner, namely:—

(a)          electronically under digital signature in accordance with the procedures, formats and standards specified; or

(b)          electronically alongwith the verification of the statement in Form 27A or verified through an electronic process in accordance with the procedures, formats and standards specified.

♦             The concerned persons shall intimate the Book Identification Number generated by the agency to each of the deductors in respect of whom the sum deducted has been credited.