What Is Form 24G?
Form 24G is a statement that government deductors and collectors (Pay and Accounts Offices or similar government treasury units) must file, providing details of TDS/TCS payments made without using the standard challan-based deposit system used by non-government entities.
Why Form 24G Exists
Government offices often deposit TDS/TCS through book adjustment (transfer within government accounts) rather than the standard bank challan process used by private employers — Form 24G specifically captures and reports these government-specific TDS/TCS deposits to ensure they are properly reflected in the tax system.
Who Files Form 24G
Form 24G is filed by government Pay and Accounts Offices (PAOs), treasury officers, or similar government accounting units responsible for TDS/TCS deposits made through book adjustment on behalf of various government departments.
Relevance to Private Sector HR
Form 24G is primarily relevant to government sector payroll and accounting functions rather than typical private-sector HR operations; private companies use the standard challan-based TDS deposit and Form 24Q filing process instead. HR professionals working within government departments or PSUs should be aware of this distinct filing requirement.
Form 24G: Frequently Asked Questions
Do private companies need to file Form 24G?
How is Form 24G related to Form 24Q?
This glossary entry is for general information and reflects common HR practice in India at the time of writing. Statutory thresholds, rates and deadlines change — verify against the latest official notifications or consult a qualified legal or tax advisor before acting.