Hi Raghu
Govt Companies do not pay challan for TDS to Govt
This is because they themselves are govt and it will be like paying amount from one pocket to another pocket
So instead of paying challan,they do book adjustment i.e. pass entry in books
Learn more about the procedure here
https://www.tin-nsdl.com/e-tbaf/etbaf-overview.php
Written on Nov. 26, 2016, 6:10 p.m.