Form 24G

What is Form 24G?

Form 24G collects data on TDS for Account Officers (AO). The AO needs to submit the details to the DDO (Drawing and Disbursement Officer) to process the TDS. The AO must complete the form in the fixed format to file the tax deduction details. When a non-salaried or salaried employee is not a resident of the country, or is liable to pay tax but is not a salaried employee, it is to be processed, and the Accounts Officer must provide the details of deduction in it.

Contents of the Form 24G

• It contains the details of the AO/DTO filling the form (name, contact, AIN, and demographic information)
• Statement details like time by month and year for filling the form.
• It contains the details of the AO category(state/central government) and the state/ministry details.
• DDO-wise payment information (demographics, name, DDO’s TAN, total deductions, and remittance to the govt. account)
• Summary of payment i.e., the tax type(non-salary non-resident/TDS non-salary/salary/TCS)

Also, See: Form 24q