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Challan 280 is a deposit form used to pay income tax; it can be used to make payment both online and offline. It is primarily used to pay Advance tax, Self-Assessment tax, Tax on Regular Assessment, Surtax, Tax on Distributed Profits of Domestic Company and Tax on Distributed income to unit holders.
This form is available on the official NSDL e-gov website. Taxpayers can either download the form, fill it up, and make payment offline or fill it online itself and e-pay the taxes through your netbanking or debit card. It is a very simple form, user friendly, and allows convenient payment of taxes.
Challan 280 | Available Provisions |
---|---|
Taxpayer types | Corporates Individuals |
Types of Tax Payment | Surtax Tax on Distributed Profit Tax on Distributed Income Secondary Adjustment Tax Accretion Tax Self-Assessment Tax Tax on Regular Assessment |
Mode of Payments | At Banks Netbanking Debit Card |
The IT department allows taxpayers to pay tax at numerous authorized banks for the ease of taxpayers. One can download the unfilled Challan 280 form from the NSDL website, fill it up with correct details, and submit it at any of the authorized banks to pay the taxes. Let’s see how.
Axis Bank | Bank of Baroda | Bank of India | Bank of Maharashtra |
Canara Bank | Central Bank of India | Dena Bank | HDFC Bank |
ICICI Bank | IDBI Bank | Indian Bank | Indian Overseas Bank |
Jammu & Kashmir Bank | Punjab and Sind Bank | Punjab National Bank | State Bank of India |
UCO Bank | Union Bank of India | Vijaya Bank |
|
After paying the tax with challan 280, taxpayers can check the status of their challans online. They can reassure themselves that their tax payment has been properly accounted for in their name by using this facility. This function can also be used by collecting banks to inquire about the status of challans that they have uploaded.
They are two search options for the taxpayers –
If the taxpayer finds any errors or omissions, they can get those rectified.
For offline payments made through banks, taxpayers can contact the bank within 7 days of challan payment to get the details rectified.
For online payments, the taxpayer needs to contact the respective AO (Assessing Officer) to make the changes.
1. What challan is to be used for self-assessment tax? Where can I get the challan?
Challan 280 is used to pay self-assessment tax. You can pay online by visiting the NSDL e-gov website. Soft copies of these challans are available for download at the NSDL e-Gov -TIN website and the Income Tax Department website for offline use. Challans can also be obtained at your local income tax offices too.
2. What is Challan Identification Number (CIN) and what is its relevance?
The acknowledgement receipt bears a Challan Identification Number (CIN) that uniquely identifies the tax payment. As proof of payment, CIN must be included in the income tax return. Any subsequent inquiries must also include the CIN.
3. Is it allowed to deposit multiple challans with a single cheque?
No, you must deposit a separate check for each challan.
4. I noticed an error on the challan 280 I deposited at the bank yesterday? Can I correct it?
You have 7 days after making payment to change a few details on your challan. The fields that the taxpayer can update through the bank are listed below –
Type of Correction on Challan | Period for correction request (in days) |
---|---|
PAN/TAN | Within 7 days from challan deposit date |
Assessment Year | Within 7 days from challan deposit date |
Total Amount | Within 7 days from challan deposit date |
Major Head | Within 3 months from challan deposit date |
Minor Head | Within 3 months from challan deposit date |
Nature of Payment | Within 3 months from challan deposit date |
5. How will I know if I have finished my tax payment successfully using this service?
Aside from the CIN, you can check your online bank statement to confirm the tax payment.
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