Form 24G contains information of tax deducted at source (TDS) for Account Officers. For the processing of the TDS, the AO has to submit the details to the DDO (Drawing and Disbursing Officer). The AO has to follow a fixed format for the form to file the TDS. When TDS for a non-salaried or salaried person, or an individual not a resident of the country, or not salaried but liable to pay tax has to be processed, the AO has to submit the deduction details in Form 24G.
In the following post, we will discuss Form 24G features, how to generate the form, what the form contains, steps to fill the details, things to keep in mind, how to submit the form, frequently asked questions.
Here are the features:
You need to create the form in an excel sheet in the following ways:
Here are the details:
Here are the guidelines to fill the form:
Here are the points to keep in mind:
You do not have to provide hard copies of the documents and the form. You have to submit every paper electronically. However, the AO needs to generate the form beforehand using the NSDL-published utility. Then use another published software by the NSDL for file validation.
Here are the FAQs:
The form is prepared by the AO, and furnished through a network of TIN-FCs. You have to pay a fee for regular upload or correction. The charges excluding GST are:
The registered AO can file the statement online through AIN online registration at the website of TIN. No charges apply to the PAO (Pay and Accounts) for uploading the form online. The TIN central system will accept Form 24G if filled through TIN FC.
The file is sent to the email address as given in the latest Form 24G as accepted on the TIN central system. If a valid file passes through the FVU, then you will receive the upload file, Form 24G, and Form 24G statement statistics report.
AIN (Accounts Office Identification Number) is issued by the Directorate of Income Tax (Systems), Delhi. This is given to every accounting officer. This unique number is seven-digit long. The AO must have an AIN to submit Form 24G.
One needs to apply for AIN in – Application for Allotment of Accounts Office Identification Number. To know the guidelines for the procedure, click here now.
You have to submit the duly filled request form for FVU to the following address:
NSDL e-Governance Infrastructure Limited
1st Floor, Times Tower
Kamala Mills Compound
Senapati Bapat Marg
Mumbai - 400 0013.
On the envelope, a superscribe with ‘Request for Form 24G FVU file’.