Challan 280 refers to a form used for the payment of income tax, both online and offline. Challan 280 is important as it is used to pay advance tax, self-assessment tax and regular assessment tax.
To pay income tax using challan 280, you can either opt for the online process or the offline one. Online process is completely hassle-free and the user must carry out the entire process on the official website of NSDL. If the user opts for the offline process, then he has to pay income tax at the bank by downloading challan 280.
Want to know more on Tax Planning? We at IndianMoney.com will make it easy for you. Just give us a missed call on 022 6181 6111 to explore our unique Free Advisory Service. IndianMoney.com is not a seller of any financial products. We only provide FREE financial advice/education to ensure that you are not misguided while buying any kind of financial products.
The online process using challan 280 is given below:
If you opt to pay income tax through the offline method, then you must follow the steps given below:
After the payment of the income tax, a receipt is generated and provided. The receipt contains details of the payment made like challan identification number, date of payment of tax, amounts paid and so on. A CIN is generated only on successful payment as an acknowledgement for taxes received. The CIN number is generally used for filing income tax returns. Given below is the information provided on the CIN:
To track your challan status online, you must visit the official website of NSDL and provide details like challan identification number, challan serial number, bank’s BSR code and challan tender date.
SEE ALSO: Benefits of Filing IT Returns Online
You can raise a request for correction of details provided in the challan payment information in case of any typing errors or incorrect information. In the payments challan only the following fields can be corrected:
Have a complaint against any company? IndianMoney.com's complaint portal Iamcheated.com can help you resolve the issue. Just visit IamCheated.com and lodge your complaint. If you want to post a review on any company you can post it on Indianmoney.com review and complaint portal IamCheated.com.
Be Wise, Get Rich.
This is to inform that Suvision Holdings Pvt Ltd ("IndianMoney.com") do not charge any fees/security deposit/advances towards outsourcing any of its activities. All stake holders are cautioned against any such fraud.