Income Tax Due Date Alert – Form 24G for September 2025

 

In the world of taxation and compliance, every deadline matters — especially for government offices responsible for depositing and reporting TDS/TCS. One such crucial compliance requirement is the submission of Form 24G, which ensures accurate reporting of tax deductions and collections made without challan payments.

As the due date of 15th October 2025 approaches for Form 24G filing pertaining to September 2025, it’s vital for Drawing and Disbursing Officers (DDOs) and Pay and Accounts Officers (PAOs) to stay updated on their responsibilities to avoid penalties or compliance issues.

🔍 What is Form 24G?

Form 24G is a monthly statement to be filed by government offices (central, state, and local bodies) that deposit TDS/TCS without the use of challans.
Unlike private sector deductors who pay TDS/TCS through challans (Challan No. 281), government offices follow a different mechanism.

When tax is deducted or collected, instead of depositing it directly into the Central Government’s account via a challan, these offices book the tax amount through book adjustments. The concerned Pay and Accounts Officer (PAO), Cheque Drawing and Disbursing Officer (CDDO), or District Treasury Officer (DTO) must file Form 24G with the National Securities Depository Limited (NSDL) to report such deductions.

🧾 Who Needs to File Form 24G?

The filing of Form 24G is mandatory for:

  • Central Government offices, including ministries and departments.

  • State Government offices that make tax deductions or collections at source.

  • DDOs and CDDOs operating through the treasury system without using challans.

  • PAOs/DTOs responsible for compiling and submitting consolidated data of all DDOs under their jurisdiction.

In simple terms, if your office is a government deductor that has remitted TDS/TCS via book adjustments instead of challans, then Form 24G filing is compulsory every month.

📅 Due Date for September 2025

For deductions and collections made in September 2025, the due date for filing Form 24G is 15th October 2025.
It’s essential to adhere to this deadline because any delay in submission can lead to complications in TDS/TCS credit reporting, impacting both the government department and the concerned deductees.

⚙️ Purpose and Importance of Form 24G

Form 24G serves several critical purposes in the income tax compliance framework:

  1. Linking TDS/TCS data:
    It connects the TDS/TCS data of government deductors with the Central Government account through a unique Book Identification Number (BIN).

  2. Enabling TDS certificate generation:
    Once Form 24G is processed, the system generates BINs that must be quoted by DDOs in their quarterly TDS/TCS statements (Form 24Q, 26Q, etc.).

  3. Ensuring transparency:
    It ensures accurate mapping of deductions and remittances made through book adjustments, maintaining transparency in government tax remittances.

  4. Avoiding mismatches:
    Proper filing prevents discrepancies between government TDS remittances and the records available with the Income Tax Department, which could otherwise cause problems for employees or vendors.

🧮 Step-by-Step Filing Process

Here’s a simplified process for Form 24G submission:

  1. Preparation:
    The PAO/CDDO compiles data for all DDOs under their jurisdiction, including details of TDS/TCS deductions for the month.

  2. Using FVU (File Validation Utility):
    The file is prepared using the Form 24G Preparation Utility and validated through the File Validation Utility (FVU) provided by NSDL.

  3. Submission:
    The validated file can be submitted in two ways:

    • Online: Through the TIN Facilitation Center or TIN website.

    • Offline: By physically submitting the file at any TIN-FC.

  4. Acknowledgment & BIN Generation:
    Upon successful submission, an acknowledgment is issued, and Book Identification Numbers (BINs) are generated.
    These BINs must be communicated to the respective DDOs for use in quarterly TDS/TCS returns.

⚠️ Consequences of Non-Compliance

Failure to submit Form 24G on time can result in:

  • Penalties under Section 272A(2)(m):
    A penalty of ₹100 per day may be levied until the failure is rectified, subject to a maximum of the TDS amount.

  • Delay in BIN generation:
    Late submission causes delays in BIN issuance, affecting DDOs’ ability to file accurate quarterly TDS/TCS statements.

  • Impact on deductees:
    Incorrect or delayed credit of TDS/TCS may appear in the Form 26AS of employees or contractors, causing reconciliation issues.

Hence, timely filing of Form 24G not only ensures departmental compliance but also safeguards taxpayer data integrity.

💡 Key Compliance Tips for Government Deductors

✔️ Maintain accurate monthly records of all TDS/TCS deductions.
✔️ Verify all DDO details and TANs before compiling Form 24G.
✔️ File the form well before the deadline to avoid last-minute errors.
✔️ Share BIN details promptly with all DDOs.
✔️ Cross-check all data before quarterly return filing to ensure consistency.

✨ Conclusion

Compliance with Form 24G is a small but vital part of the larger tax ecosystem. For government offices, it ensures proper credit flow, data transparency, and smooth functioning of the TDS/TCS system.

As the 15th October 2025 deadline approaches, ensure your office has completed all necessary checks and filed Form 24G on time. Staying ahead of compliance deadlines not only avoids penalties but also builds trust and efficiency in your organization’s financial processes.

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