Taxpayers, deductors or collectors can pay direct taxes through Authorised Bank branches either physically, through ATM or through internet.
Type of Challans to be used for tax payments
| Challan | Description |
| ITNS 280 | For depositing 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. |
| ITNS 281 | For depositing TDS/TCS by company or non company deductee |
| ITNS 282 | For depositing Securities transaction tax, Estate duty, Wealth-tax, Gift-tax, Interest-tax, Expenditure/other tax and Hotel Receipt tax |
| ITNS 283 | For depositing banking cash Transaction Tax and FBT |
Do’s
1. Mandatory details required to be filled in challan
{a} PAN/ TAN
{b} Name and address of the taxpayer (for physical challans)
{c} Assessment Year
{d} Major Head, Minor Head
{e} Type of payment
- Use challan type 281 for deposit of TDS/TCS payments.
{a} Quote the correct TAN, name & address of the deductor on each challan
{b} Verify your TAN details from Income Tax Department web-site (www.incometaxindia.gov.in) prior to depositing TDS/TCS.
{c} Use separate challans to deposit tax deducted under each section and indicate the correct nature of payment code in the relevant column in the challan.
{d} Use separate challans to deposit tax deducted for different types of deductees.
- For Non TDS/TCS payments use challan types 281/282/283 as applicable.
{a} Quote the correct PAN, name & address on each challan used for depositing the tax.
4. Mention/verify the correct Financial Year and Assessment Year in the challan before tax payment.
- Payment confirmation: – Ensure that the Challan Identification Number (CIN) has been provided on the counterfoil issued after successful payment of tax. Challan Identification Number (CIN) comprises of the following
{a} Seven digit BSR code of the bank branch where tax is deposited
{b} Date of Deposit (DD/MM/YY) of tax
{c} Serial Number of Challan
- Verify the tax payment information submitted to the bank.
{a} Details available on the TIN website www.tin-nsdl.com under the link “Challan Status Inquiry”
{b} In case the details are not available then you may contact the bank branch where the tax has been deposited.
- In case the counterfoil issued by the bank has been misplaced, kindly contact the respective bank/branch for details regarding the same
- Rectification/Correction in the Challan:- For rectifying errors in a physical challan, taxpayer may approach the Bank. Prescribed timelines for the same are as per table below
| Sr. No. | Type of correction on challan | Period for correction request (in days) |
| 1 | PAN/TAN | Within 7 days from challan deposit day |
| 2 | Assessment Year | Within 7 days from challan deposit day |
| 3 | Total Amount | Within 7 days from challan deposit day |
| 4 | Major Head | Within 3 months from challan deposit day |
| 5 | Minor Head | Within 3 months from challan deposit day |
| 6 | Nature of payment | Within 3 months from challan deposit day |
- Please visit TIN website www.tin-nsdl.com for details on preparation and furnishing TDS/TCS statements.
Dont’s
- Do not use incorrect type of challan for payment of taxes.
- Do not make mistake in quoting PAN / TAN.
- Do not give PAN in place of TAN or vice versa.
- Do not use a single challan to deposit tax deducted for corporate and non corporate deductees.
- Do not use same challan for depositing various types of tax like advance tax, self-assessment tax etc.
- Do not make mistake in the F.Y. and A.Y. to be indicated in the challan.
- If you have multiple TANs for the same division filing TDS statements, do not use different TANs in different challans. Use one TAN consistently and surrender the others.
incase while paying a Challan I had selected incorrect AY, how can this be corrected?