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Challan 280 - How to Pay Your Income Tax Online with Challan 280?

Challan 280 is a convenient and efficient way to file income taxes. It offers flexibility, faster processing, and reduced errors, contributing to a smoother tax filing experience.

  • 9,364 Views | Updated on: Mar 20, 2024

The income tax online payment process with Challan 280 has been migrated from the OLTAS e-payment portal to the e-Pay Tax facility of the E-Filing portal. Simple steps allow you to file your income tax online with the Challan 280. Taxpayers can choose the method that suits them best, whether it be the convenience of online transactions or the traditional approach of visiting designated bank branches.

Every year, when the time comes to fill out income tax, people rush to their Chartered Accounts to fill their returns. However, you need not depend on your CA because, with the help of Challan 280, you can easily pay your tax online.

What is Challan 280?

Income Tax Challan 280 is a form available on the official website of Income Tax India. You are required to fill out the details of the form. The duly filled form can then either be submitted online or offline at a bank to pay your income tax.

How do you pay your income tax online with Challan 280?

You can pay your income tax online with the Challan 280 form by following the below-mentioned steps:

Step 1: Visit the e-Pay Tax portal

  • Go to the official Income Tax Department website: https://www.incometax.gov.in/
  • Click “e-Pay Tax” under the Quick Links section on the homepage.

Step 2: Enter your PAN and mobile number

  • Enter your PAN and registered mobile numbers on the e-Pay Tax page.
  • An OTP will be sent to your registered mobile number. Enter the OTP to proceed.

Step 3: Select the tax type and assessment year

  • Choose “Income Tax” as the tax type and select the correct assessment year for which you are paying.

Step 4: Fill in the payment details

  • Select “(0021) Income Tax (Other than Companies)” as the major head and choose the appropriate minor head based on the reason for payment. For example, if you are paying self-assessment tax, select “106- Self Assessment Tax”.
  • Enter the amount of tax you are paying and briefly describe the payment.

Step 5: Choose the payment method

  • Select your preferred mode of payment: net banking, debit card, or credit card.

Step 6: Verify and submit the payment details

  • Carefully review all the entered information and ensure its accuracy.
  • Once confirmed, click on “Proceed to Payment”.

Step 7: Make the payment

  • You will be redirected to your bank’s net banking portal or a secure payment gateway.
  • Log in using your net banking credentials or enter your card details to make the payment.

Step 8: Receive payment confirmation

  • Upon successful payment, you will receive a confirmation message and a Challan acknowledgment receipt.
  • Save or print the Challan acknowledgment receipt for your records.

Proof of Payment of Tax

After a successful transaction, a challan counterfoil with the CIN, payment details, and bank name used to process the e-payment will be shown. This counterfoil serves as proof that the transaction was completed. The process to check the tax payment:

  • Log in to the e-Filing website with your User ID, Password, Date of Birth / Date of Incorporation, and Captcha
  • Click on ‘My Account’ and click on “Refund/Demand Status”. The details would be displayed.
  • The mode of payment is also displayed.
  • Verification of Challan tax payment

Here is how you can verify the challan tax payment:

  • View the website at https://tin.tin.nsdl.com/oltas/index.html.
  • Choose the TAN-based or CIN (Challan Identification Number) -based view.
  • In order to view the Status, complete the necessary fields.
  • In order to confirm the Challan entries made in the e-TDS/TCS Statement, Tax Deductors may also download the Challan Details file for a chosen period through a TAN-based view.
  • In order to view the Status, complete the necessary fields.
  • In order to confirm the Challan entries made in the e-TDS/TCS Statement, Tax Deductors may also download the Challan Details file for a chosen period through a TAN-based view.

Correction of Wrong Assessment Year When Making Income Tax Payments

Mistakes happen and realizing you have entered the wrong assessment year when making your income tax payment can be stressful. But do not worry; there are ways to rectify the situation:

Online Challan Correction (For Minor Errors)

If you have only entered the wrong assessment year and the remaining details like PAN, amount, and payment head are correct, you can use the online Challan Correction feature on the e-filing portal. Follow these steps:

  • Login to the e-filing portal (https://www.incometax.gov.in/iec/foportal/)
  • Go to “Services” and select “Challan Correction”
  • Click “Create Challan Correction Request”
  • Select “Change in Assessment Year”
  • Enter the correct assessment year and Challan Identification Number (CIN)
  • Submit the request

However, this facility is only available for minor errors in the challan, like assessment year, major head code, and minor head code. It is not available for changes in PAN, amount, or name.

Offline Correction at Bank/Assessing Officer

If you have made mistakes beyond the scope of online correction, like entering the wrong PAN, amount, or payment head, you must visit your bank branch or the assessing officer’s office.

At Bank:

  • Fill out a Challan Correction Request form at the bank where you made the payment.
  • Attach a copy of the original challan and any supporting documents.
  • Submit the request to the bank official.

At the Assessing Officer’s Office:

  • Write a letter to the assessing officer requesting correction in the challan.
  • Mention the details of the error and the correct information.
  • Attach a copy of the original challan and relevant documents.
  • Submit the letter to the assessing officer’s office.

The time limit for making corrections is usually 7 days for online correction and 30 days for offline correction. However, it is best to act promptly to avoid any complications.

Rectification Request After Filing ITR

If you have already filed your ITR and realized you made a mistake in the assessment year mentioned in the challan, you can file a Rectification Request through the e-filing portal:

  • Login to the e-filing portal
  • Go to “My Account” and select “Services”
  • Click on “Request for Rectification”
  • Select the relevant order (ITR) and assessment year
  • Choose “Return Data Correction (Offline)”
  • Explain the error in the challan and provide the correct information
  • Submit the request

This option is only available if the mistake affects the tax credit claimed in your ITR.

Advantages of Filing Income Tax Online with Challan 280

Challan 280 facilitates multiple advantages when it comes to paying your income tax online and offline. Here are some key benefits:

Convenience

Challan 280 is a standardized form used for various income tax payments, removing the need for separate forms for different situations. You can use it for self-assessment tax, advance tax, regular assessment tax, and more.

Online and offline options

You can choose to pay your taxes online with Challan 280 through the e-Pay Tax portal, offering flexibility and accessibility from anywhere. Alternatively, you can use the form for offline payments at designated bank branches.

Efficiency

Online Challan 280 payments get reflected in your tax records quickly, eliminating delays associated with traditional methods like cheques or demand drafts. Filling out a standardized form minimizes the risk of errors compared to manual calculations, potentially leading to smoother tax assessments.

Detailed Tracking

The Challan 280 system clearly records your tax payments, including date, amount, and purpose. You can access this information online for easy reference and tracking of your tax obligations.

Final Thoughts

Challan 280 offers convenience, efficiency, and transparency in the field of income tax payments. It empowers taxpayers, simplifies complex processes, and ensures a smoother and more accountable financial journey. Embracing Challan 280 is not just a choice but a step towards a more streamlined and hassle-free tax compliance experience. After submitting Challan 280, we recommend you keep track of its status online. You can check its online status using Challan’s identification number, serial number, serial date, and the BSR bank’s code.

Key Takeaways

  • Challan 280 is a form available on the official Income Tax India website for online and offline income tax payments.
  • For minor errors in the assessment year, while filing Challan 280, you use the online Challan Correction on the e-filing portal.
  • For errors beyond online correction, visit the bank or assess the officer’s office within the specified time limit.
  • Challan 280 provides a clear record of tax payments for easy reference and tracking.

- A Consumer Education Initiative series by Kotak Life

Amit Raje
Written By :
Amit Raje

Amit Raje is an experienced marketer who has worked in various Fintechs and leading Financial companies in India. With focused experience in Digital, Amit has pioneered multiple digital commerce in India. Now, close to two decades later, he is the vice president and head of the D2C business department. He masters the skill of strategic management, also being certified in it from IIMA. He has challenged his challenges and contributed his efforts in this journey of digital transformation.

Amit Raje
Reviewed By :
Prasad Pimple

Prasad Pimple has a decade-long experience in the Life insurance sector and as EVP, Kotak Life heads Digital Business. He is responsible for developing user friendly product journeys, creating consumer awareness and helping consumers in identifying need for life insurance solutions. He has 20+ years of experience in creating and building business verticals across Insurance, Telecom and Banking sectors

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