Inordinate delay in filing Form 24G despite of instructions from TDS CPC

TDSCPC is issuing time to time instructions/ reminders/ warnings to the late files of 24G whic is causing lot of inconvenience to deductors and the taxpayers. This contributes towards delay in filing of quarterly TDS/ TCS statements resulting into levy of late filing fee u/s 234E of the I.T. Act (a sum of Two Hundred Rupees

for every day during which the failure continues) on the deductors. Late filing of TDS statements also results into the TDS Credit not being available to the deductees (employees / vendors) for claiming the amount of tax already deducted from the payments made to them besides generating correct TDS Certificates for them.

It is mandatory for AOs to file Form No. 24G on monthly basis with in the prescribed time. Based on the particulars reported in Form No. 24G, Book Identification Number (BIN) is generated and intimated to the respective AOs by TIN Central System. AOs can download BIN from TIN Portal. AOs are required to intimate the BIN so generated to the concerned DDOs in respect of whom the sum deducted has been credited. Subsequently, the BIN is to be reported by the DDOs in the quarterly TDS/ TCS statements.

In case of delay in filing of Form No. 24G by the AOs, there would be delay in generation of BIN and subsequent intimation of the same by the PAOs to the concerned DDOs. 

Despite of instructions/ reminders/ warnings by TDSCPC  it is noticed that there is an inordinate delay on the part of the AO's  in filing of Form No. 24G 

Instead of  DDO's the AO's should be penalised  for the delay.