Close
Close

Buy a Life Insurance Plan in a few clicks

Now you can buy life insurance plan online.

Kotak e-Term

Protect Your family’s financial future with Kotak e-Term. Know more

Kotak Assured Savings Plan

A plan that offer guaranteed returns and financial protection for your family. Know more

Kotak Guaranteed Savings Plan

A plan that offers long term savings and insurance in one premium. Know more

Kotak e-Invest

Insurance and investment in one plan with Kotak e-Invest. Know more

Kotak Lifetime Income Plan

Retirement years are the golden years of life. Know more

Close

Get a Call

Enter your contact details below and we will get in touch with you at the earliest.

  • Select your Query

Thank you

Our representative will get in touch with you at the earliest.

Challan 280 - How to Use Challan 280 to Pay Income Tax

Challan 280 - Know what Challan 280 is and how to download and use Challan no 280 to Pay Income Tax. Click here to know more about ITNS 280.

  • Mar 10, 2021
  • 6,875 Views

Every year, when the time comes to fill out income tax, people rush to their Chartered Account to fill their returns. However, you need not depend on your CA or any other What resource because, with the help of Challan 280, you can easily pay your tax online. In this article, we shall learn about Challan 280 and how we can pay our Income Tax online using it.

What is Challan 280?

Challan 280 is a form which is available on the official website of Income Tax India. You are required to fill in 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 to Pay Income Tax Online with Challan 280?

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

1. Visit the official website of NSDL (National Securities Depository Ltd.).

2. You will find a tab named “Services” on the main page, which will get you a drop-down list.

3. From the drop-down list, select “e-payment: Pay Taxes Online”.

4. You will be taken to the “e-Payment of Taxes” page. Alternatively, you can also click the “Pay Taxes Online” box on the right side of the website’s main page and then choose “Click to pay online tax”.

5. You will be presented with multiple options on your screen. You must select “Challan No./ITNS 280” from it.

6. On the next page, you will see a form you need to fill up with details such as applicable tax, PAN (Permanent Account Number), the year of assessment and so on.

7. You can choose the “Income Tax (Other than Companies)” option to pay your income tax. The other option, “Corporation Tax (Companies)”, is applicable to companies that pay corporate tax.

8. Now you need to select the correct type of payment from options such as:

a. (100) Advance Tax

b. (102) Surtax

c. (106) Tax on Distributed Profit

d. (107) Tax on Distributed Income

e. (300) Self-Assessment Tax

f. (400) Tax on Regular Assessment

2. Next, you need to choose the mode of payment. You can pay either via Net Banking or Debit Card. After selecting your option of choice, choose the bank name from the drop-down provided.

3. Next, you must enter your PAN details and the relevant assessment year from a drop-down box.

4. Further, you are required to fill in details related to your address, such as district, state, pin code and email id, along with your mobile number.

5. You can then enter the Captcha code on the screen.

6. Finally, you can click on the “Proceed” button, which will take you to the “e-Payment page” to pay your liable income tax.

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.

  • Here is the process to check the tax payment
  • Login 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.
  • Mode of Payment is also displayed.

Verification of Challan Tax Payment

Here is how you can verify the challan tax payment.

Step – 1

View the website at https://tin.tin.nsdl.com/oltas/index.html.

Step – 2

Choose either the TAN-based view or the CIN (Challan Identification Number)-based view.

Step – 3

In order to view the Status, complete the necessary fields.

Step – 4

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.

Step – 3

In order to view the Status, complete the necessary fields.

Step – 4

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

Within seven days of the challan being deposited, the taxpayer must submit an application to the bank for a correction. The taxpayer may send a challan rectification application form to the appropriate bank.

While correcting the information, one can change the following
Challan 280 for Advance Tax

  • Assessment year
  • Tax deduction
  • Nature of payment
  • Total amount
  • Minor and major head code

One method of paying your advance tax, regular assessment tax, self-assessment tax, additional costs, etc., is using Challan 280.

The following taxes come under Challan 280 advance tax.

  • Payment of Advance tax
  • Self-Assessment tax
  • Tax on Regular Assessment
  • Surtax
  • Tax on Distributed Profits of Domestic Companies
  • Tax on Distributed income to unit holders

Kotak’s Tax Saving Guide

While Challan 280 has made paying income tax online easy, having a good knowledge base regarding your tax is crucially important. Kotak Life’s Tax Saving Guide can assist you in making smarter decisions while you pay your tax. Kotak Life’s Guide, crafted by financial experts, can help you be more aware of the various tax-saving instruments available. You can enjoy tax benefits and save on the amount of tax paid yearly from your hard-earned money.

Conclusion

Challan 280 will offer you a seamless taxpayer experience. After submitting Challan 280, we recommend you keep track of its status online. You can check its online status using Challan Identification Number, Challan Serial Number, Challan’s Serial Date and the BSR bank’s code.

FAQs on Challan 280 Online Payment

1.What are the ways through which I can make income tax payments?

Step 1: Choose Challan 280. Go to the Income Tax Department’s tax information network and select “Proceed” for the Challan 280 option.

Step 2: Enter your personal data. For tax-paying individuals:

Step 3: Verify the information again.

Step 4: Verify the Receipt (Challan 280)

2.What do I do if I have any problems with making income tax payments?

Taxpayers must contact their jurisdiction’s assessing officer if they need to adjust to the challan’s specifics. Each taxpayer has an assessing officer assigned to them who reviews their income tax forms and other related documents.

Download Brochure

Features

  • Increasing Life Cover*
  • Guaranteed^ Maturity Benefits
  • Enhanced Protection Through Riders
  • Tax Benefits
  • Dual Benefits: Guaranteed^Maturity + Death benefits

Ref. No. KLI/22-23/E-BB/999

T&C

Download Brochure

Features

  • Enhanced Protection Through Riders
  • Life Cover
  • Tax Savings
  • Multiple Premium Payment Terms
  • Guaranteed @ Loyalty Addion
  • Accrued Guaranteed @ Additions

Ref. No. KLI/22-23/E-BB/490

T&C

- A Consumer Education Initiative series by Kotak Life

Similar Articles

How to Calculate returns on an assured savings plan?

Post Office Savings Scheme - All You Need to Know

Best Savings plan for the middle class in India

List of Important Income Tax FAQs

How to File ITR Online

sections Under Section 80C of the Income Tax Act, 1961

How to e file ITR on Income Tax Government Portal

Key Changes of the Union Budget 2023 You Must Know

Saving Plans to Give Children a Debt-free College Education

How to File Form 16 for Salaried Employees?

Problems People Face with Tax Returns after a Job Change

Income Tax Slabs and Rates in India for FY 2021-22/AY 2022-23

All about TDS Payment Online & Due Dates

Financial Benefits and Government Schemes Every Woman in India Should Know

What is the Maximum Maturity Benefit in Assured Savings Plans?

How to Check Income Tax Refund Status Online in India

Tax Saving Tips: Best Ways to Save Income Tax for 2021

Save Income Tax by 31st March: Here Is a Checklist

Tax Benefits for Startups in India

प्रधानमंत्री सुरक्षा बीमा योजना

Maximize Your Savings: Tax Tips for Salaries Above ₹20 Lakhs

Form 16, Form 16A, and Form 16B?

Types of Riders in Insurance Policy

ITR 1: Sahaj Form

Section 80G of the Income Tax Act

9 Unusual Investments you Didn't Know for Saving Taxes in India

Tax Saving Options for Salaried Employees

What is Section 80C - Explained in Detail

What is Salary Protection Insurance and Why You Need It

What is Form 26AS - All You Need To Know

What is Rule 132 of Income Tax? How Does it Affect You?

Penalty For Late Filing TDS Return

TDS Due Dates of FY 2022-23 For Return Filing

Should you prefer a Guaranteed Savings plan over monthly income schemes?

Is PF Withdrawal Taxable for NRI?

Tax-Savings Investments and Options in India

Income Tax Deductions for Disabled Persons Under Section 80U

How Inflation Affects Savings and Investment?

Tax Planning Tips for a Newly Married Couple

प्रत्यक्ष कर और अप्रत्यक्ष कर में क्या अंतर है?

धारा 80डी आयकर अधिनियम, 1961

Financial Planning and Best investment options for Housewives

What is a savings plan?

Money Saving Tips for Single Women

Why PAN Card is Essential for Income Tax Filing?

Investment Proofs You Need Submit To Lower TDS Cut From Your Salary

Section 44AD of Income Tax Act for AY 2021-22

Saving Income tax in 2017 - 18

What is Form 16A?

Understand ITR4 Form: How to Fill, Structure & Determine Your Eligibility

Difference Between Gross Income & Total Income in Calculating Income Tax

How to File Form 10E for Tax Relief on Salary Arrears?

धारा 80सी आयकर अधिनियम, 1961

How to View 26AS and Download Form 26AS Online?

How to create wealth through a savings plan?

Pradhan Mantri Suraksha Bima Yojana

What is TDS Exemption Limit?

Income Tax Exemption for Disabled

Things to Do After Filing Income Tax Returns

Income Tax Exemption for Physically Handicapped Dependent

What is Tax Deduction at Source (TDS)?

Union Budget 2023 and Tax Exemptions on Life Insurance Premium Over ₹5 Lakhs

Why Tax Planning Should Be an All-year Round Activity

All about TDS on Salary under Section 192 – Kotak Life

Guaranteed Return Plans-Why is it a must for you?

Interest Imposed Under Sections 234A, 234B and 234C

How to View 26AS and Download Form 26AS Online

When Should TDS be Deducted and Who is Liable to Deduct it?

TDS rules on the sale of jointly owned property

Tax Saving for Self Employed in India

Income Tax Filing For NRI in India

Presumptive Taxation for Business and Profession

Who Should Invest In Savings Plan

3 Tips to Buy Guaranteed Savings Plan

Highlights of the Union Budget 2023-24

Guide for Tax Calculation on your Salary

What is Section 10D of the Income Tax Act?

How to Boost Your Savings with Guaranteed Results

Section 16 of the Income Tax Act (ITA), 1961

Types of Income Tax Return (ITR) Forms

How to file Form 16 online?

Income Tax Deduction Under Section 80CCC In India

How To Save Tax Using Life Insurance?

Difference between Section 80C, 80CCC, 80CCD & 80D

Home Investment Plan to Buy Dream Home

What is TDS (Tax Collected at Source)? A comprehensive guide

Plan your Daughter's Wedding With Best Monthly Savings Plan

ITR-6: Guide to filing ITR-6 Form online

हाउस रेंट अलाउंस क्या है और इसके छूट की गणना कैसे की जाती है?

What is better - Guaranteed Savings Plan or Fixed Deposit?

Income Tax Deductions Under Section 80C

Why January Is an Important Month for Saving Tax?

Easy ways to make personal savings plans

How can NRIs prevent double taxation in India?

How much gold can you keep at home? Limits and income tax rules explained

All you need to know About Tax on Inheritance

Basics of Guaranteed Savings Plan

A Guide to Life Insurance Policy’s Tax Benefits and Taxability

What is the Difference Direct Tax and Indirect Tax

Understanding Tax Exemptions in ULIP (Old and New)

Tax-Free Income in India

5 Popular Tax-Saving Schemes in India

What is the Last ITR Filing Date and Penalty for Late Filing of ITR?

Income Tax Filing Using Multiple Form 16

How to save tax for salaried person?

Tax Benefits of ULIP Plans Available for NRIs

Tax Structure in India

Income Tax Calculator: How Life Insurance Policies are Taxed? Explained

What is Section 80C Deduction Limit?

Do Beneficiaries Pay Taxes on Life Insurance?

Section 80E: Tax Exemption on Interest on Education Loan

आयकर स्लैब 2021-2022

How Should I Allocate A Monthly Savings Plan For Long-Term Benefits?

How To Invest In Guaranteed Return Plans For Higher Returns And Financial Security?

E-Filing of Income Tax Returns in India

ITR 2 Form – Complete Guide

Income Tax Deductions & Exemptions under Sections 80C, 80D & 80DDB for FY 2021-22 & 2022-23

इनकम टैक्स रिटर्न कैसे फाइल करें?

How to Check Income Tax Refund Status Online in India

What is the Difference between Form 16 and Form 16A?

Tax Planning and Tax Benefits of Life Insurance

52 Weeks Savings Plan: Daily Savings Plans for a Better Tomorrow

How to E-Verify ITR: A Step-by-Step Guide to Electronically Verify your Income Tax Return

Difference Between Guaranteed Savings Plan and Guaranteed Income Plan

Why is Form 16 Important?

Tax Season is Coming- Know How to Save Tax

What is TDS Refund Process?

Tax Saving Guide for 2019-20

Budget 2019: Impact on the Common Man in India

A Comprehensive Guide to Understand the ITR 7 Form

Invest in Tax-Free Bonds: Understanding the Benefits and Who can Invest?

Tax Exemption and Scope of Coverage

What is the difference between TDS and TCS?

How to Download Form 16?

What is the Percentage of Tax Deducted at Source (TDS)?

भारत में महिलाओं के लिए सरकारी योजना

स्रोत पर कर कटौती (टीडीएस) क्या है?

Tax Saving Options other than Section 80C

Everything You Need to Know About Tax Benefits of National Pension Scheme (NPS)

What is Section 80CCC of the Income Tax Act 1961

How to File Income Tax Return without Form 16

Insurance and Endowment: Everything You Need to Know!

How to File Income Tax Return for First Time Tax Payers

What is TDS Slab?

What are Deferred Savings Plans?

Received an Income Tax Notice? Your Guide to Understanding Intimations under Section 143 (1)

What is HRA (House Rent Allowance) and How is HRA Exemption Calculated?

How To Save Tax Better with 80C

A Complete Guide for Filing ITR 3 Form

What Is Advance Tax and How Is It Calculated?

What is indirect tax and its types?

Should one prefer a guaranteed savings plan over monthly income schemes?

What are Direct Taxes? How to Avoid being Overtaxed?

What is the Difference between Assessment Year (AY) and Financial Year (FY)?

Tips to plan your savings in 2022

Income Tax Effects on Salary Deductions in the Union Budget 2023

How to Save Tax on Salary Arrears?

Section 80D - Medical and Health Insurance Tax Benefits Under Section 80D

Tax Rate Chart for FY 2022-2023: What is TDS Slab?

Personal Finance - How to Deal with Emergencies When Preparing Finances

Tax Deductions You MUST Know

8 Things to Help You Select a Savings Investment plan

How to Pay Advance Tax Online in India

How to File TDS Return?

What is Section 195 of the Income Tax Act? TDS on Non-Residents of India

How can I get Form 16B from traces?

आयकर रिटर्न (आईटीआर) फॉर्म के प्रकार

Importance of Savings Plan You Need to Know

How Do Assured Savings Plans Work and Why You Should Consider One?

Union Budget 2023: Impact on Life Insurance

How to create a savings plan and make good investment choices

How to File Income Tax Return - Everything You Need to Know

सुकन्या समृद्धि योजना (SSY) के कर लाभ क्या हैं?

Section 10 (10d) of Income Tax Act, 1961 on Payouts of Life Insurance Policy

Investing Lump Sum Amount

How to Check Income Tax Returns Status Onine?

How Much Money This Budget 2019 Can Help You Save

What is an Endowment Plan?

What To Do If Your TDS Is Not Deposited With The Government?

Difference Between Guaranteed and Assured Returns

How to Save Income Tax with Insurance

Personal Finance - Meaning, Importance, and Tips for Personal Finance

12 Tax Changes in Budget 2022 that May Impact Your Personal Financial Planning

Impact of GST on Life Insurance in India

What is Form 16B?

LTC Cash Voucher Scheme October 2020 – Everything You Need to Know

All You Need to Know About Section 80C

Tax Benefit of Investing in Term Plan

What Investment Options Come with Tax Incentives?

What are the Different Types of Taxes in India?

What is capital gains tax, and how it works?

What is Tax Evasion, and What are the Penalties for Tax Evasion in India?

What is the TDS Rate on Salary?

What is ITR 5 Form and How to File ITR 5?

What is ITR & How to File Income Tax Return?

What is EEE in income tax? 5 tax-free investment options to become crorepat

How to Claim a Tax Refund?

Complete Savings Plan for Low Income Earners

9 Income Tax Myths That Could Cost You Money while Filing returns

What is Section 80C Deduction?

All You Need To Know About Assured Savings Plan

Section 80C Deductions as per Income Tax Act, 1961

Have You Considered Term Insurance a Part of Your Tax Planning?

Income Tax Benefits for Doctors

Are Financial Planning and Tax Planning the Same Thing?

Top 8 Tax-Saving Methods in India- Budget Planning

How to Get Form 16?