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

Buy a Life Insurance Plan in a few clicks

Now you can buy life insurance plan online.

Kotak e-Term Plan

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

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.

Kotak Assured Savings Plan

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
  • 6,182 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.

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

Investing Lump Sum Amount

Excess TDS Deduction – Claim TDS Refund

What is Form 26AS - All You Need To Know

What is Form 16A?

What is a savings plan?

Union Budget Highlights – 1st February 2022

Things to Do After Filing Income Tax Returns

Financial Planning and Best investment options for Housewives

How to File Income Tax Return for First Time Tax Payers

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

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

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

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

What is Section 10D of the Income Tax Act?

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

Guide for Tax Calculation on your Salary

How To Save Tax Using Life Insurance?

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

Problems People Face with Tax Returns after a Job Change

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

धारा 80सी आयकर अधिनियम, 1961

How to Calculate returns on an assured savings plan?

Why January Is an Important Month for Saving Tax?

A Comprehensive Guide to Understand the ITR 7 Form

What is the difference between TDS and TCS?

Tax Benefits for Startups in India

Section 80E: Tax Exemption on Interest on Education Loan

Presumptive Taxation for Business and Profession

TDS rules on the sale of jointly owned property

List of Important Income Tax FAQs

What is the Maximum Maturity Benefit in Assured Savings Plans?

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

Tax Saving for Self Employed in India

A Complete Guide for Filing ITR 3 Form

Do Beneficiaries Pay Taxes on Life Insurance?

How to Pay Advance Tax Online in India

3 Tips to Buy Guaranteed Savings Plan

ITR 2 Form – Complete Guide

Impact of GST on Life Insurance in India

आयकर रिटर्न (आईटीआर) फॉर्म के प्रकार

What is capital gains tax, and how it works?

Tax Deductions You MUST Know

Financial Benefits and Government Schemes Every Woman in India Should Know

Tax Saving Options for Salaried Employees

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

All you need to know About Tax on Inheritance

What Investment Options Come with Tax Incentives?

Types of Riders in Insurance Policy

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

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

All about TDS Payment Online & Due Dates

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

Income Tax Deduction Under Section 80CCC In India

Is PF Withdrawal Taxable for NRI?

Why Tax Planning Should Be an All-year Round Activity

Who Should Invest In Savings Plan

Importance of Savings Plan You Need to Know

What is Section 80C Deduction Limit?

Understanding Tax Exemptions in ULIP (Old and New)

How to View 26AS and Download Form 26AS Online

How to save tax for salaried person?

What is Tax Deduction at Source (TDS)?

Top 8 Tax-Saving Methods in India- Budget Planning

धारा 80डी आयकर अधिनियम, 1961

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

Are Financial Planning and Tax Planning the Same Thing?

Saving Income tax in 2017 - 18

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

What is Section 80C - Explained in Detail

Basics of Guaranteed Savings Plan

How to create a savings plan and make good investment choices

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

How Much Money This Budget 2019 Can Help You Save

इनकम टैक्स रिटर्न कैसे फाइल करें?

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

Tips to plan your savings in 2022

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

Post Office Savings Scheme - All You Need to Know

Can You Get Term Insurance Without Income Proof?

How to File Income Tax Return without Form 16

How can NRIs prevent double taxation in India?

TDS Due Dates of FY 2022-23 For Return Filing

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

Difference Between Guaranteed and Assured Returns

What Is Advance Tax and How Is It Calculated?

Tax Season is Coming- Know How to Save Tax

How to File Form 16 for Salaried Employees?

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

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

Easy ways to make personal savings plans

8 Things to Help You Select a Savings Investment plan

How to Download Form 16?

Best Savings plan for the middle class in India

How to Boost Your Savings with Guaranteed Results

How to Save Income Tax with Insurance

What is the TDS Rate on Salary?

Tax Structure in India

What are Direct Taxes? How to Avoid being Overtaxed?

Income Tax Filing For NRI in India

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

Income-Tax Liability- The Difference Between Gross Income & Total Income in Calculating Income Tax

Pradhan Mantri Suraksha Bima Yojana

How to Save Tax on Salary Arrears?

ITR 1: Sahaj Form

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

What are Deferred Savings Plans?

Money Saving Tips for Single Women

What is Tax Evasion and What Are The Penalties For Tax Evasion In India?

Budget 2019: Impact on the Common Man in India

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

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

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

All You Need To Know About Assured Savings Plan

How to File ITR Online

What is TDS Refund Process?

Income Tax Deductions Under Section 80C

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

All You Need to Know About Section 80C

How to Check Income Tax Returns Status Onine?

All about TDS on Salary under Section 192 – Kotak Life

Tax Saving Guide for 2019-20

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

Tax-Savings Investments and Options in India

Home Investment Plan to Buy Dream Home

Penalty For Late Filing TDS Return

What is ITR & How to File Income Tax Return?

How can I get Form 16B from traces?

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

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

Section 80G of the Income Tax Act

How to create wealth through a savings plan?

E-Filing of Income Tax Returns in India

What is Form 16B?

What is indirect tax and its types?

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

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

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

Difference Between Guaranteed Savings Plan and Guaranteed Income Plan

How to Check Income Tax Refund Status Online in India

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

What is Section 80C Deduction?

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

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

How to e-Verify your Income Tax Return

What is Salary Protection Insurance and Why You Need It

प्रत्यक्ष कर और अप्रत्यक्ष कर में क्या अंतर है?

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

आयकर स्लैब 2021-2022

Tax-Free Income in India

How To Save Tax Better with 80C

Insurance and Endowment: Everything You Need to Know!

Section 80C Deductions as per Income Tax Act, 1961

Types of Income Tax Return (ITR) Forms

Income Tax Exemption for Disabled

Income Tax Exemption for Physically Handicapped Dependent

How to e file ITR on Income Tax Government Portal

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

What is TDS Exemption Limit?

Tax Planning and Tax Benefits of Life Insurance

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

Tax Exemption and Scope of Coverage

How to file Form 16 online?

Why is Form 16 Important?

Tax Saving Options other than Section 80C

How to Get Form 16?

Income Tax Deductions for Disabled Persons Under Section 80U

Income Tax Filing Using Multiple Form 16

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

How to File TDS Return?

Tax Benefit of Investing in Term Plan

भारत में महिलाओं के लिए सरकारी योजना

How to Check Income Tax Refund Status Online in India

What are the Different Types of Taxes in India?

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

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

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

What is Section 80CCC of the Income Tax Act 1961

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

Tax Benefits of ULIP Plans Available for NRIs

What is the Difference Direct Tax and Indirect Tax

What is TDS Slab?

Income Tax Benefits for Doctors

5 Popular Tax-Saving Schemes in India