Income Tax Due Date Alert – File Form 24G by 15th May 2025!

 

📢 Income Tax Due Date Alert – File Form 24G by 15th May 2025!

As the new financial year begins, it’s important for government offices and Drawing and Disbursing Officers (DDOs) to stay on top of compliance requirements. One such essential compliance is the filing of Form 24G—a critical obligation for offices where TDS/TCS has been paid without a challan (book adjustment).

🗓️ Due Date: 15th May 2025

The deadline to furnish Form 24G for the month of April 2025 is 15th May 2025. Timely submission is vital to ensure accurate credit of TDS to the respective deductee and avoid penalties or delays in tax processing.

🔍 What is Form 24G?

Form 24G is a monthly statement to be filed by Pay and Accounts Officers (PAOs), Treasury Officers (TOs), or Cheque Drawing and Disbursing Officers (CDDOs) when TDS/TCS is remitted without a challan, i.e., through book adjustments.

This form allows the TIN central system to generate Book Identification Numbers (BINs) which must be passed on to the respective DDOs for inclusion in their quarterly TDS statements.

📝 Who Should File Form 24G?

  • Central & State Government Departments

  • Treasuries

  • Autonomous Bodies

  • Government Offices that deposit TDS/TCS without challans

🧾 Why Timely Filing is Important:

✅ Prevents mismatch of TDS credits
✅ Helps in timely generation of BIN
✅ Avoids interest, penalties, and notices from the Income Tax Department
✅ Ensures smooth filing of TDS returns by DDOs

💼 Let Taxla Services Handle It for You!

Filing Form 24G can be technical, especially when accuracy and timely submission are critical. With Taxla Services, you get:

✔️ Expert TDS support
✔️ End-to-end Form 24G preparation & submission
✔️ Compliance with latest CBDT norms
✔️ Transparent and timely service

We handle the complexity, so you don’t have to!

📞 Get in Touch Today:

📞 +91 9600076134 / 6374812546
📧 auditsiva2@gmail.com
🌐 www.taxlaservices.com
📍 19, SBI Colony 3rd Street, Saligramam, Chennai – 600093

📌 Stay Ahead with Taxla!

Whether you're a government department or an autonomous body, let Taxla Services ensure your Form 24G filings are done right—on time, every time.

#Form24G #IncomeTaxIndia #TDSFiling #GovernmentCompliance #TaxlaServices #ChennaiTaxExperts #DueDateReminder #TaxCompliance #BestAuditorInTamilnadu



Comments

Post a Comment

Popular posts from this blog

UPI Transactions Are Now Under GST Radar—Stay Compliant with Taxla Services

Image
Digital payments have revolutionized the way businesses operate, with platforms like GPay, PhonePe, Paytm , and others offering convenience and efficiency. However, with this convenience comes the responsibility of tax compliance. Recently, a merchant in Tamil Nadu faced a tax notice after their UPI transactions crossed the GST threshold of ₹20 lakhs in a financial year. Why Are UPI Transactions Being Monitored? The GST Department is closely monitoring digital payment platforms to ensure businesses comply with tax regulations. Transactions conducted via UPI are no longer immune to scrutiny. If your business turnover exceeds ₹20 lakhs (or ₹10 lakhs for specific categories), GST registration is mandatory —regardless of the payment method used. What Does This Mean for You? Unregistered Businesses: If you’re operating without GST registration but your annual turnover exceeds the threshold, you could face penalties and notices. Digital Payment Records: All UPI transactions are recorded an...
Read more

New Tax Rule Alert! – Tax Officials Can Access WhatsApp & Email During Searches

Image
The Government of India has introduced a significant provision under the New Income Tax Bill 2025 , granting tax officials the authority to access digital communication platforms like WhatsApp, email, and cloud storage apps during search and seizure operations . 📜 Key Provisions of the Rule: Expanded Access Rights Tax officials can now inspect your WhatsApp chats, email inbox, cloud storage files, and installed applications on your devices during income tax searches. This move aims to enhance investigation efficiency and curb tax evasion through digital means. Parliamentary Panel Approval A Parliamentary Standing Committee reviewed the clause and raised no objections in its official report dated 21 July 2025 . The inclusion of this clause highlights the government’s focus on modernizing enforcement by including digital evidence in tax cases. Applicable During Official IT Raids Access is permitted only during authorized searches under Section 132 of the...
Read more

🧾 TDS Payment (AO Permitted) – Due Date Alert!

Image
Deadline: 7th July 2025 | Period: April–June 2025 Tax deductors and businesses—this is a timely reminder! If you're permitted to deposit TDS quarterly by your Assessing Officer (AO) under certain provisions of the Income Tax Act, the due date for the April–June 2025 quarter is fast approaching. 🔍 What is AO-Permitted Quarterly TDS Payment? Under normal circumstances, TDS must be deposited monthly. However, specific deductors can obtain permission from the Assessing Officer (AO) to deposit TDS on a quarterly basis —typically to reduce compliance burden for eligible deductors. Quarterly TDS deposit is permitted under the following sections : Section 192 – Salary payments Section 194A – Interest (other than securities) Section 194D – Insurance commission Section 194H – Commission or brokerage If you have this quarterly permission , the due date for April to June 2025 TDS payment is: 🗓 7th July 2025 🚨 What Happens If You Miss the Deadline? Failure to...
Read more