Using challan 280 you can now pay your income tax online, on the income tax website. You don’t need to rely on your Chartered Accountant, or any other sources to pay your income tax for you. Since many employers pay the income tax on behalf of their employees, since most of the salaried class does not have the need to pay additional taxes.
So What is the Challan 280? How can you Use it to Pay your Income Tax?
The form you will be required to use to pay your income tax, is called the challan 280. You will be required to fill in the details in the form, and this filled form can be used either online or offline at a bank to pay your income taxes.
Online Method of Using Challan 280:
To use the online method, you will need to go to the income tax website, and choose the challan 280 option. You need to choose the option (0021)INCOME-TAX (OTHER THAN COMPANIES) - this is an option used for individuals. Enter all your necessary details into the form, information such as,your PAN details, the assessment year, your residential address, email id, mobile number. Choose the type of tax payment you're making, it can be the final tax of the year or Self Assessment Tax, or Advance Tax that you're paying in advance of the financial year ending.
Once you have chosen the type of tax, and filled up the required details, chosen the bank through which you would like to payment from, you will also need to fill in the captcha code. Before you click “Proceed”, ensure you review all the information. After clicking the proceed button you will directed to the Bank’s page (chosen by you), enter you login details, and fill in the required details, such as the income tax amount, and other details by the bank like the account holder’s name, account number etc. After the payment is made, you will get a email as well as be able to download a PDF copy.
Offline Method of Using Challan 280:
When you choose this mode of payment, you will need to download the challan 280 form from the income tax website. You can fill in the details that are required on the form like, PAN details, the assessment year, your residential address, email id, mobile number. Along with the filled form you will need to take the amount of tax you are paying, and physically go to the bank and make the payment towards your income tax.
Challan 280 FAQs
- What kind of income tax payments can Challan 280 be used?
- What are the ways through which I can make income tax payments?
- What do I do if I have any problems with making income tax payments?
- How can I check my challan’s status online?
Challan 280 can be used for income tax payments like advance tax, self-assessment tax, surcharge, regular assessment tax, and tax on distributed profits or distributed income.
Income tax payments can be made either online or offline. To pay income tax online, you will have to visit the TIN NSDL website. To pay income tax online, you will have to deposit it into a designated bank branch through demand draft, cheque or cash.
In case you have any issues on the NSDL website when entering non-financial information, you will have to get in touch with the call centre at 1800-222-080.
You will have to enter details like Challan Identification Number, challan serial number, challan tender date and the bank’s BSR code to track your challan’s status online. In case you enter the tax amount you have paid, you can also get to know if you have entered the correct amount or not.