Tds return in case of deductor is central or state govt.

Dear Members,

While filing the TDS quarterly statement of a department of central/state govt. where the amount of TDS is deposited by transfer entry we have to mention the receipt no. of FORM 24G which we get from treasury. but some of the treasury are still not filling there Form 24G so we are unable to file TDS return.

Now my question arise shall we give the details of tds along with an application to the local DCIT/ACIT -TDS mentioning the cause of delay in filing of return so that we are on safe side from the penalty.

Please give your vaulable replies.

Regards,

Akshat Agarwal

Replies (3)

In 2009 the CBDT issued a circular explaining the new provisions regarding deduction and payment of TDS. As per this new requirements all deductors - both government and non-government are mandatorily required to pay the amount electronically by remitting it to any authorized bank.

Therefore in my opinion you should adopt this route and stop making payment through treasury

Mr.CA Student Is this professional.......ism........... !!!

(You will not mention the recpt. No. of Form 24G. On accepting Form 24G you will get BIN (Book Identification No. to your tin-site. Those TAN holders whoever have registered can view this. this has to be quoted)

1) BETTER to  represent before the additional commissioner (TDS),

2) It is a Prolonged issue for GOVERNMENT OFFICES, and hence it is advisible to pay TDS through Banks, thereby we will avoid any Interest U/s 234E. I am following this kind of practice for morethan 2 years.

 

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