Challan 280 – How to pay Advance Income Tax of Individuals
Challan 280 – How to pay Advance Income Tax of Individuals: Step by Step guide by SattvaCFO to pay advance income tax of Individual Assessee online through a net-banking account with selected banks.
CHALLAN NO./ITNS 280
‘CHALLAN NO./ITNS 280’ is an income tax challan for depositing income tax relating to Advance Income Tax, self-assessment income tax, tax on regular assessment, Surtax, Tax on Distributed Profits, and Tax on Distributed Income.
By following the steps given below, you can easily pay your income tax online:
- Step 1: Go directly to https://onlineservices.tin.egov-nsdl.com/etaxnew/tdsnontds.jsp
- Step 2: Scroll down to the Non-TDS/TCS section and choose “CHALLAN NO./ITNS 280”. This challan is used for the payment of Income-tax and Corporation tax. Click on ‘Proceed’
- Step 3: Fill up details
- Tax Applicable: Select (0021) Income Tax (Other than Companies)
- Type of Payment: Select (100) Advance Tax out of the following options:
- Select 100 for Advance Tax Payment
- Select 102 for Surtax
- Select 106 for Tax on Distributed Profit
- Select 107 for Tax on Distributed Income
- Select 300 for Self-Assessment Payment
- Select 400 for Tax on Regular Assessment
- Mode of Payment: Select either Net Banking or Debit Card;
- Enter PAN number details. PAN should be correctly filled up. The name of the taxpayer against the PAN number will be displayed in masked format. This helps to verify the correct PAN & name.
- Select relevant Assessment Year (AY) from the drop-down menu. The assessment year is the next year of the financial year. For the period 1st April 2021 – 31st March 2022, the Financial year will be 2021-22, and the relevant AY is 2022-23.
- Enter address, email and mobile number(* Compulsory)
- Enter captcha & click proceeds
- Step 4: Then it opens up a ‘Confirm Data Page – Please confirm your information before proceeding’.
- Cross-check the name (masked) shown against the PAN number entered on the previous page;
- If details are correct, then click the checkbox ‘I Agree’and then
- ‘Submit to the Bank’ or in case of any modification is required, click edit. Please note that there is no need to enter the amount here.
- Step 5: Log in to your net banking account by login ID & password. Enter the amount of tax along with other details, if relevant. Then Click confirm to proceed, and after final confirmation, payment is complete, and a challan is generated.
- Step 6: You will receive a challan counterfoil containing the Name of the Bank, BSR Code, Challan Serial number, Date of Receipt, payment details and amount paid. Kindly share the same with your tax consultant.
How to verify challan payment status
The taxpayer can verify the payment status of income tax challan paid either paid online or paid offline by following steps:
Step-1: Visit NSDL–OLTAS-Challan Status Inquiry, Click ‘OLTAS-Challan-Status-Inquiry-Link’
Step-2: There are 2 options for taxpayers
(1) CIN Based view– enter challan details like BSE Code of collecting branch, Challan Tender date, Challan serial number, Amount. Enter the captcha and click on ‘View.’
(2) TAN Based view – enter TAN and challan tender date period. Enter the captcha and click on ‘View.’
Step-3: Once the information is furnished, challan details will be displayed.
If you want to pay Self-Assessment income tax, please follow the Challan 280 – How to pay your Self-Assessment Tax of Individuals
Challan 280 – How to pay Advance Income Tax of Individuals
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