\n

ANNEXURE IV<\/strong><\/p>\n

 <\/p>\n

Furnishing of Monthly Form No. 24G
\nStatements by Pay and Accounts Officers (PAOs)\/District Treasury Officers
\n(DTOs)\/Cheque Drawing and Disbursing Officers (CDDOs)<\/strong><\/p>\n

 <\/p>\n

1. 
\nUnder what income tax rule should Form 24G be filed?<\/strong><\/p>\n

 <\/p>\n

Income-tax Department
\nNotification no. 41\/2010 dated May 31, 2010amended the
\nIncome Tax Rule 30 which mandates that in case of an office of the Government, where
\ntax has been paid to the credit of Central Government without the production of
\na challan (associated with deposit of the tax in a bank), the relevant
\nPAO \/ CDDO \/ DTO or an equivalent office of the<\/strong> government
\n(herein after called as AO in this document) is required to file Form 24G on
\nmonthly basis<\/strong>.<\/p>\n

 <\/p>\n

2. 
\nWho is the relevant PAO\/CDDO\/DTO who is liable for filing Form 24G?<\/strong><\/p>\n

 <\/p>\n

A relevant PAO\/CDDO\/DTO
\nis that office to whom the Deductor\/DDO (TAN holder) reports remittance of
\nTDS\/TCS through book adjustment. Generally, the Central Government DDOs report
\nTDS through book entry to their respective Pay and Accounts Officers (PAOs) and
\nthe State Government DDOs report TDS through book entry to their respective
\nDistrict Treasury Officers(DTOs). Such PAOs and DTOs are required to file Form
\n24G on monthly basis.<\/p>\n

 <\/p>\n

There are also cases of
\nCheque Drawing and Disbursing Officers (CDDOs) who report TDS through book
\nentry directly to State AG. For example, PWD, Forest Department etc. Such CDDOs
\nare also required to file Form 24G on monthly basis. Schematic Diagram at
\nAnnexure-III clarifies the person responsible for filing Form 24G in different
\nscenarios.<\/p>\n

 <\/p>\n

3. 
\nCan the same office\/officer also act as DDO and AO?<\/strong><\/p>\n

 <\/p>\n

Ordinarily, the PAO
\noffice is the one to whom the DDO reports the TDS and therefore, both should be
\nfrom different offices. However, where the DDO and AO are the same, as in the
\ncase of CDDOs, the statistics report of Form 24G should be counter signed by
\nhis superior officer.<\/p>\n

 <\/p>\n

4. 
\nWhat is AIN and who should apply?<\/strong><\/p>\n

 <\/p>\n

Accounts Office
\nIdentification Number (AIN) is a unique seven digit which is allotted by the
\nDirectorate of Income Tax (Systems), Delhi, to every AO. Each AO is uniquely
\nidentified in the system by this number. AOs are required to apply for AIN with
\njurisdictional TDS office. The AIN application can be downloaded from TIN site.
\nEvery AIN holder is required to file Form 24G.<\/p>\n

 <\/p>\n

Each DDO is identified
\nin the system by a Tax Deduction and Collection Account Number (TAN). This
\nnumber is allotted by Income Tax Department.<\/p>\n

 <\/p>\n

\n
1. Where should the Accounts Office
   \n Identification Number (AIN) application be submitted ? <\/strong><\/li>\n<\/ol>\n

    <\/p>\n

   The duly filled and
   \nsigned application for AIN allotment is to be submitted in physical form by the
   \nPAO \/ CDDO \/ DTO to the jurisdictional CIT (TDS). Complete and correct AIN
   \napplication forms will be forwarded by the jurisdictional CIT (TDS) to NSDL
   \ne-Governance Infrastructure Limited (NSDL), Times Tower, 1st Floor, Kamala
   \nMills Compound, SenapatiBapatMarg, Lower Parel, Mumbai – 400013 recommending
   \nallotment of AIN to the PAO \/ CDDO \/ DTO.<\/p>\n<\/div>\n

   
   <\/p>\n

   \n

   <\/a>6.  What information should be submitted through
   \nForm 24G?<\/strong><\/p>\n

    <\/p>\n

   Every AO should furnish
   \none complete, correct and consolidated Form 24G every month having details of
   \neach type of deduction \/ collection separately viz. TDS-Salary \/ TDS-Non Salary
   \n\/ TDS-Non Salary Non Residents \/ TCS made by each DDO under his jurisdiction.<\/p>\n

    <\/p>\n

   7. 
   \nWhere should Form 24G be submitted?<\/strong><\/p>\n

    <\/p>\n

   Form 24G is to be
   \nfurnished only in electronic form in a CD\/pen drive at TIN-FCs or online
   \nthrough AO Account at www.tin-nsdl.com
   \nweb portal. The facility to submit Form No. 24G online is available free of
   \ncost. Provisional Receipt Number (PRN) is issued as an acknowledgement of the
   \nreceipt of Form 24G.<\/p>\n

    <\/p>\n

   8. 
   \nHow to register for online facility?<\/strong><\/p>\n

    <\/p>\n

   Registration for AO
   \nAccount is mandatory for filing Form No. 24G online through TIN website, www.tin-nsdl.com. Registration AO Account is
   \nrequired once only. AO required to submit the Form No. 24G at TIN-FC at least
   \nonce to comply with the Know Your Customer (KYC) norms for registration of the
   \nAO Account. After registration, it is optional for AO either to submit the Form
   \nNo.24G in CD\/Pen drive at TIN-FC or online.<\/p>\n

    <\/p>\n

   9. 
   \nWhat are the functionalities available with AO Account?<\/strong><\/p>\n

    <\/p>\n

   Through the AO Account,
   \nthe AO can view the status of Form No. 24G filed, obtain BIN (Book
   \nIdentification Number) details, update AO profile and upload Form No. 24G. The
   \nstatus tracking is based on AIN and concerned Provisional Receipt Number (PRN)
   \nof Form 24G.<\/p>\n

    <\/p>\n

   10. Can the AO furnish Form No. 24G
   \nin paper form?<\/strong><\/p>\n

    <\/p>\n

   No. Form 24G is
   \nto be filed only in electronic form.<\/p>\n

    <\/p>\n

   \n
   1. Can the AO submit the
      \n electronically prepared Form No.24G at the Income Tax Office? <\/strong><\/li>\n<\/ol>\n

       <\/p>\n

      No. Electronically prepared Form No.24G can only be
      \nsubmitted at TIN-FC or online . <\/p>\n

       <\/p>\n

      \n
      1. What
         \n does Form 24G contain? <\/strong><\/li>\n<\/ol>\n

          <\/p>\n

         Every Form 24G should be prepared in accordance with
         \nthe data structure prescribed by the Income Tax Department (ITD). Form 24G
         \ncontains-<\/p>\n

          <\/p>\n

         \u00b7        
         \nDetails of the AO filing Form 24G (AIN,
         \nname, demographic information, contact details). <\/p>\n

          <\/p>\n

         \u00b7        
         \nCategory of AO (Central \/ State
         \nGovernment) along with details of ministry \/ state. <\/p>\n

         \u00b7        
         \nStatement details (month and year for
         \nwhich Form 24G is being filed). <\/p>\n

          <\/p>\n

         \u00b7        
         \nPayment summary; nature of deduction
         \nwise (TDS \u2013 Salary \/TDS Non-salary \/ TDS \u2013 Non-salary Non-resident \/ TCS). <\/p>\n

          <\/p>\n

         \u00b7        
         \nDDO wise payment details (TAN of DDO,
         \nname, demographic details, total tax deducted and remitted to the Government
         \naccount (A.G. \/ Pr.CCA). <\/p>\n

          <\/p>\n

         \u00b7        
         \nDDOs which are associated with the AO.
         \nIf the AO wants to add\/delete or update details of DDO, same should be
         \nmentioned in the statement. <\/p>\n

          <\/p>\n

         13. What is the procedure to prepare the
         \nForm 24G statement?<\/strong><\/p>\n

          <\/p>\n

         The AOs can prepare Form
         \n24G either by using in-house facilities, third party software or by using Form
         \n24G Preparation Utility developed by NSDL, which is freely downloadable from
         \nthe TIN web-site (www.tin-nsdl.com)<\/strong> or ITD website (www.incometaxindia.gov.in<\/strong>).<\/p>\n<\/div>\n

         
         <\/p>\n

         \n

         <\/a>Once
         \nthe statement is prepared, the AO shall validate the same by using File
         \nValidation Utility (FVU) developed by NSDL and freely available at the TIN or
         \nITD website. The statement can be furnished in Compact Disk (CD) at any of the
         \nTIN-Facilitation Centres (TIN-FC) managed by NSDL along with Form 24G Statement
         \nStatistics Report (generated through File Validation Utility), duly signed by
         \nthe AO. The list of TIN-FCs is available at TIN or ITD website.<\/p>\n

          <\/p>\n

         Once Form 24G is
         \naccepted by the TIN-FC, it will issue a provisional receipt with a unique
         \nProvisional Receipt Number (PRN) to the AO as a proof of submission of the
         \nstatement.<\/p>\n

          <\/p>\n

         14. What is Form 24G Preparation
         \nUtility?<\/strong><\/p>\n

          <\/p>\n

         The Form 24G Preparation
         \nUtility is a Java based utility. Form 24G Preparation Utility can be freely
         \ndownloaded from www.tin-nsdl.com. After
         \ndownloading, it needs to be saved on the local disk of the machine.<\/p>\n

          <\/p>\n

         JRE (Java Run-time
         \nEnvironment) [versions: SUN JRE: 1.4.2_02 or 1.4.2_03 or 1.4.2_04 or IBM JRE:
         \n1.4.1.0] should be installed on the computer where Form 24G Preparation Utility
         \nis being installed. JRE is freely downloadable from http:\/\/java.sun.com<\/strong> and http:\/\/www.ibm.com\/developerworks\/java\/jdk<\/strong>or you can ask your computer vendor<\/strong>(hardware) to install the same for you.<\/p>\n

          <\/p>\n

         Form 24G
         \nPreparation Utility can be executed on Windows platform(s) Win 2K Prof. \/ Win
         \n2K<\/p>\n

          <\/p>\n

         Server\/ Win NT 4.0
         \nServer\/ Win XP Prof. To run the ?Form 24G Preparation Utility\u2018, click on the
         \n?24GRPU.bat\u2018 file.<\/p>\n

          <\/p>\n

         If JRE is not installed
         \non the computer, then on clicking ?24GRPU.bat\u2018, a message will be displayed. In
         \nsuch cases, install JRE and try again. If appropriate version of JRE is
         \ninstalled, then the ?Form 24G Preparation Utility\u2018 will be displayed.<\/p>\n

          <\/p>\n

         15. What are the steps to download and
         \ninstall Form 24G Preparation Utility?<\/p>\n

          <\/p>\n

         For assistance in
         \ndownloading and using Form 24G Preparation Utility, please read the
         \ninstructions provided in ?Help\u2018 in the Form 24G Preparation Utility. This
         \nutility can be used for preparation of Form 24G with upto 75,000 records. Form
         \n24G Preparation Utility (version 1.2) should be used for regular and correction
         \nstatements.<\/p>\n

          <\/p>\n

         16. What is File Validation Utility
         \n(FVU)?<\/p>\n

          <\/p>\n

         The AO should pass the
         \nForm 24G (Regular\/Correction) file generated using Preparation Utility through
         \nthe File Validation Utility (FVU) to ensure format level accuracy of the file.
         \nThis utility is also freely downloadable from TIN website. In case the Form 24G
         \ncontains any errors, the AO should rectify the same. After rectifying the
         \nerrors, user should pass the rectified Form 24G through the FVU. This process
         \nshould be continued till an error-free Form 24G is generated. Form 24G
         \n(regular\/correction) prepared from F.Y. 2005-06 onwards can be validated using
         \nthis utility.<\/p>\n

          <\/p>\n

         The Form 24G FVU is a
         \nJava based utility. JRE (Java Run-time Environment) [versions: SUN JRE:
         \n1.4.2_02 or 1.4.2_03 or 1.4.2_04 or IBM JRE: 1.4.1.0] should be installed on
         \nthe computer where the Form 24G FVU is being installed. JRE is freely
         \ndownloadable from http:\/\/java.sun.com<\/strong>
         \nand http:\/\/www.ibm.com\/developerworks\/java\/jdk<\/strong>
         \nor you can request your computer vendor (hardware) to install the same for you.<\/p>\n

          <\/p>\n

         The Form 24G FVU
         \nsetup comprises of two files, namely-<\/p>\n

          <\/p>\n

         \u00b7        
         \nForm 24G FVU.bat: <\/strong>This is a setup program for
         \ninstallation of FVU. <\/strong><\/p>\n

          <\/p>\n

         \u00b7        
         \nForm 24G_FVU_STANDALONE.jar: <\/strong>This is the FVU
         \nprogram file. <\/strong><\/p>\n<\/div>\n

         
         <\/p>\n

         \n

         <\/a>These files are in an
         \nexecutable zip file (Form24GFVU.exe) (version 1.2). These files are required
         \nfor installing the Form 24G FVU.<\/p>\n

          <\/p>\n

         Instructions for
         \nextracting and setup are given in:<\/p>\n

          <\/p>\n

         \u00b7        
         \nForm
         \n24G FVU Extract and Setup <\/p>\n

          <\/p>\n

         17.   <\/strong>After
         \npreparation of Form No. 24G statement through RPU, three files are generated
         \nwhen such statement passes through FVU. Is the AO required to take all three
         \nfiles in CD \/Pen drive to TIN-FC? <\/strong><\/p>\n

          <\/p>\n

         When a valid
         \nfile is passed through the FVU, the following three files are generated:-<\/p>\n

          <\/p>\n

         (a)  The upload file <\/p>\n

         (b)  
         \nForm
         \n24G statement Statistics Report and <\/p>\n

         (c)  Form 24G. <\/p>\n

          <\/p>\n

         Every Form 24G (upload
         \nfile) mentioned at Sr. No. (a) is to be saved in CD and the same should be
         \naccompanied with the Statement Statistic Report mentioned at Sr. No. (b), in<\/strong>
         \npaper form duly signed by the Accounts Officer<\/strong>, which needs to be
         \nsubmitted at TIN-FCs.<\/p>\n

          <\/p>\n

         Form 24G: Form 24G, at
         \nserial number (c) above, is a reader friendly format of TDS\/TCS Book Adjustment
         \nform. This is like the physical form of Form 24G in html format. It contains
         \nall the details of Accounts Officer as well as Drawing and Disbursement
         \nOfficer. There is no need to submit this file.<\/p>\n

          <\/p>\n

         18. Can the
         \nForm 24G Statement be corrected?<\/strong><\/p>\n

          <\/p>\n

         Every Form 24G is to be
         \nprepared in accordance with the data structure prescribed by the Income Tax
         \nDepartment (ITD). If it does not confirm to the new data structure it will be
         \nrejected by TIN.<\/p>\n

          <\/p>\n

         As per procedure,
         \nstatements relating to Form 24G should be complete and correct. No fragmented
         \nstatements are expected to be filed (i.e. separate statements giving details
         \nfor deductions under different form type with respect to the same AIN, FY and
         \nmonth). However, any mistake made in an original accepted statement can be
         \nrectified by submitting a ?correction statement\u2018. For correction, the latest
         \nversion of the RPU should be downloaded from TIN<\/strong> website.<\/strong><\/p>\n

          <\/p>\n

         Form 24G corrections can
         \nalso be uploaded directly at the TIN website. For direct upload at TIN Central
         \nsystem, AO has to first register AIN at TIN website and upload the Form 24G
         \ncorrection.<\/p>\n

          <\/p>\n

         19. What are the different
         \nkinds of correction statements allowed?<\/strong><\/p>\n

          <\/p>\n

         There are two different
         \ntypes of correction statements that can be furnished by the AO. These are
         \nlisted below.<\/p>\n

          <\/p>\n

         \u00b7        
         \nM (Modify) -: <\/strong>For any modification in the
         \nexisting Form 24G statement. <\/strong><\/p>\n

         \u00b7        
         \nX (Cancel) -: <\/strong>For
         \ncancellation of an existing Form 24G statement. <\/strong><\/p>\n

          <\/p>\n

         For preparation of
         \ncorrection statement, the receipt number of the original statement and receipt
         \nnumber of the previous statement is mandatory.<\/p>\n

          <\/p>\n

         In case of first
         \ncorrection, PRN of original statement should be provided in field ?Receipt<\/strong>
         \nnumber of Original Statement<\/strong>? and also in the field ?Receipt number
         \nof Previous Statement <\/strong>?.<\/p>\n<\/div>\n

         
         <\/p>\n

         \n

         <\/a>In
         \ncase a correction statement has already been filed earlier, PRN of original
         \nstatement should be provided in field \u201cReceipt number of Original Statement\u201d<\/strong>
         \nand PRN of last correction to be mentioned in field \u201cReceipt number of
         \nPrevious Statement\u201d.<\/strong><\/p>\n

          <\/p>\n

         20. What is M<\/strong> \u2013Type of
         \nCorrection Statement?<\/strong><\/p>\n

          <\/p>\n

         This type of correction
         \nstatement is to be furnished by AO, if it wishes to update any of its details
         \nlike its name, address, Responsible person details, category, Ministry, State
         \nor deletion and addition of DDO (Drawing & Disbursing Officer) etc. Modifications
         \nin AIN (Account<\/strong> office Identification Number), Financial Year and Month
         \nare not allowed.<\/strong><\/p>\n

          <\/p>\n

         There are three modes by
         \nwhich changes can be made in the DDO details provided in original Form 24G
         \nstatement:<\/p>\n

          <\/p>\n

         \u00b7        
         \nAdd<\/strong>: DDO records can be added to the
         \noriginal Form 24G statement <\/strong><\/p>\n

          <\/p>\n

         \u00b7                                
         \nUpdate<\/strong>:
         \ndetails of DDO (i.e. TAN, TAN Name, demographic and contact <\/strong>details,
         \namount of tax deducted and remitted, nature of deduction) can be updated for
         \nthe DDO records provided in original or subsequent correction statement <\/p>\n

          <\/p>\n

         \u00b7        
         \nDelete<\/strong>: DDO records provided in original Form
         \n24G or subsequent correction statement <\/strong><\/p>\n

         can be deleted<\/p>\n

          <\/p>\n

         M-type correction
         \nstatement will always contain AO details and details of DDO which are added
         \nand\/or deleted.<\/p>\n

          <\/p>\n

         21. What is X\u2013Type of Correction
         \nStatement?<\/strong><\/p>\n

          <\/p>\n

         This type of correction
         \nstatement is to be furnished by AO if it wishes to cancel an existing Form 24G
         \nstatement. Filing of Correction type X will allow AOs to file regular Form 24G
         \nfor the same primary key (AIN, Financial year and Month). This type of correction
         \nis to be filed only if the Form 24G has been filed with wrong AIN, F.Y. or
         \nMonth.<\/p>\n

          <\/p>\n

         22. What is BIN?<\/strong><\/p>\n

          <\/p>\n

         BIN stands for ?Book
         \nIdentification Number? for each form type mentioned in the accepted monthly
         \nform No. 24G. BIN consists of the following:<\/p>\n

          <\/p>\n

         (i)  
         \nReceipt Number: <\/strong>Receipt
         \nnumber is a seven digit unique number generated on successful <\/strong>acceptance
         \nof Form 24G. <\/p>\n

          <\/p>\n

         (ii)DDO
         \nSerial Number: <\/strong>It is a five digit unique number
         \ngenerated for every DDO transaction <\/strong>reported in Form 24G statement. <\/p>\n

          <\/p>\n

         (iii)    Transfer
         \nVoucher Date: <\/strong>It is the last date of month for which
         \nForm 24G statement is <\/strong>filed. <\/p>\n

          <\/p>\n

         BIN is required to be
         \ndisseminated to the respective DDOs who in turn are required to report the same
         \nin the TDS\/TCS Statement. The quoting of BIN has been made mandatory w.e.f 01^{st<\/sup>February,
         \n2012. BIN is a unique number to verify the claim of TDS deposited without
         \nproduction of challan. As it is a verification key, it is advised that valid
         \nBIN disseminated by AO to the respective DDO should be correctly filled in TDS
         \nstatement.<\/p>\n}

          <\/p>\n

         23. When is BIN
         \ngenerated?<\/strong><\/p>\n

          <\/p>\n

         On processing of
         \naccepted Form 24G statement, BIN is generated for each DDO record (with valid
         \nTAN) present in Form 24G statement. BIN are generated at TIN Central System and
         \nintimated to the PAOs with details of TAN and Form Type.<\/p>\n<\/div>\n

         
         <\/p>\n

         \n

         <\/a>24.
         \nWhat do the PAO and DDO have to do with the BIN?<\/strong><\/p>\n

          <\/p>\n

         PAOs have to disseminate
         \nthe BINS to respective DDOs. While preparing the quarterly TDS\/TCS statement,
         \nDDO has to quote the said BIN details, if tax has been paid through transfer
         \nvoucher (book adjustment).<\/p>\n

          <\/p>\n

         BINs generated for a
         \nparticular 24G are mailed to the AO on the e-mail id provided in Form 24G. In
         \naddition, AO may also download the BIN details through AO login at TIN site.<\/p>\n

          <\/p>\n

         25.  <\/strong>Under what
         \ncircumstances will BIN be generated? <\/strong><\/p>\n

          <\/strong><\/p>\n

         \u00b7        
         \nBIN will be generated for valid TAN-DDO
         \nrecords added in Form 24G correction statement. <\/p>\n

          <\/p>\n

         \u00b7        
         \nBIN will be generated for DDO records
         \nwhere invalid TANs\/TAN not present in Income Tax Department database is updated
         \nwith a valid TAN. <\/p>\n

          <\/p>\n

         \u00b7        
         \nNew BIN will not be generated for any
         \nupdate made in TAN name, demographic and contact details, amount of Tax
         \ndeducted and remitted or nature of deduction. <\/p>\n

         \u00b7        
         \nBIN details will not be generated for
         \ndeleted DDO records.<\/p>\n

          <\/p>\n

         26.  <\/strong>What is the
         \nutility of BIN? <\/strong><\/p>\n

          <\/p>\n

         The BIN details and
         \namount of TDS reported in the quarterly TDS\/TCS Statement filed by the DDO will
         \nbe matched with the respective details filed in Form No.24G filed by the PAO
         \nfor verification purpose.<\/p>\n

          <\/p>\n

         27. Are there instances
         \nwhere BIN details and amount of TDS reported in TDS\/TCS statements do not match
         \nwith that reported in Form 24G? What are the consequences of such mismatch?<\/strong><\/p>\n

          <\/p>\n

         (i)                
         \nInstances of wrong\/incorrect reporting
         \nof BIN by the DDOs in the TDS\/TCS Statement have been observed. Reporting of
         \nincorrect BINs and corresponding amount in TDS statement will lead to mismatch
         \nwith the respective amount as reported in the Form No. 24G. In this situation,
         \nthe corresponding deductees may not get credit of the TDS\/TCS. Therefore, the
         \nBIN as disseminated by the respective PAO should be reported correctly along
         \nwith the corresponding amount in the TDS\/TCS Statement filed by the DDOs. <\/p>\n

          <\/p>\n

         (ii)              
         \nIn a number of cases, one distinct DDO
         \nhas been found to be reported by more than one AO in the Form No. 24G for the
         \nsame form type of TDS statement which is not a valid scenario. The DDOs and
         \nrespective AOs are advised to reconcile the issue and one DDO should be mapped
         \nto one AO only for a particular form type for a particular month. <\/p>\n

          <\/p>\n

         28.  What are the
         \nduties of PAOs\/DTOs\/CDDOs? <\/strong><\/p>\n

          <\/p>\n

         i.           
         \nTo apply for AIN with jurisdictional TDS
         \noffice. AIN application can be downloaded from TIN site. <\/p>\n

          <\/p>\n

         ii.           
         \nTo obtain correct TAN from the reporting
         \nDDOs. <\/p>\n

          <\/p>\n

         iii.            
         \nTo file Form No. 24G (in CD, DVD, Pen
         \nDrive), within 10 days from the end of the month, electronically either at
         \nTIN-FC or by direct online upload at TIN website. <\/p>\n

          <\/p>\n

         iv.           
         \nTo track status of the filed Form No.
         \n24G through TIN website. <\/p>\n

         v.           
         \nTo download Book Identification Number
         \n(BIN) generated on the basis of 24G statement. <\/p>\n

         vi.           
         \nTo disseminate BIN to the respective
         \nDDOs. <\/p>\n

          <\/p>\n

         29.  <\/strong>What are the
         \nduties of DDOs? <\/strong><\/p>\n

          <\/p>\n

         i.             
         \nTo provide correct TAN to their
         \nPAOs\/DTOs\/CDDOs to whom the DDO\/Deductor reports the tax so deducted & who
         \nis responsible for crediting such sum to the credit of the Central Government. <\/p>\n<\/div>\n

         
         <\/p>\n

         \n

         <\/a>ii.              
         \nTo report to PAOs\/DTOs\/CDDOs, the
         \ndetails of tax deducted and credited to the Central Government account through
         \nbook adjustment. <\/p>\n

          <\/p>\n

         iii.              
         \nTo quote BIN in the quarterly TDS\/TCS
         \nStatement (24Q, 26Q, etc) for the tax deducted and credited through book
         \nadjustment. <\/p>\n

          <\/p>\n

         30.    <\/strong>What
         \nare the consequences of non-quoting of BIN details in quarterly TDS\/TCS
         \nstatement? <\/strong><\/p>\n

          <\/strong><\/p>\n

         (a)   
         \nBIN details and amount of TDS reported
         \nin the quarterly TDS\/TCS Statement filed by the DDO will be matched with the
         \ndetails filed in Form No.24G filed by the PAO for verification purpose. <\/p>\n

          <\/p>\n

         (b)  
         \nAny wrong information reported by the
         \nDDOs in TDS\/TCS Statement may lead to mismatch due to which credit to the
         \nrespective deductee will not be available in the deductee\u2018s Form 26AS. <\/p>\n

          <\/p>\n

         (c)   
         \nFurther details are available at TIN
         \nwebsite www.tin-nsdl.com<\/a> and ITD website
         \nwww.incometaxindia.gov.in<\/a>.<\/p>\n

          <\/p>\n

         Download Circular No. 17\/2014<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

             1.  Under what income tax rule should Form 24G be filed? Income-tax Department Notification no. 41\/2010 dated May 31, 2010amended the Income Tax Rule 30 which mandates that in case of an office of the Government, where tax has been paid to the credit of Central Government without the production of a challan … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4,13],"tags":[40],"class_list":["post-52","post","type-post","status-publish","format-standard","hentry","category-income-tax","category-opportunities","tag-40"],"yoast_head":"\n