Income tax payment Challan Do's Don'ts Rectification in challan

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

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 for depositing Taxes 

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

2. 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 prior to depositing TDS/TCS.

{c} You may use one challan to deposit tax deducted under multiple sections

{d} You may use one challans to deposit tax deducted for different types of deductees.

3. 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.

5. 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

6. 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.

7. In case the counterfoil issued by the bank has been misplaced, kindly contact the respective bank/branch for details regarding the same

8. 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

The fields that can be corrected by the Taxpayer through Bank are tabulated below:

Sl. No.	Type of Correction on Challan	Period for correction request (in days)
1	PAN/TAN	Within 7 days from challan deposit date
2	Assessment Year	Within 7 days from challan deposit date
3	Total Amount	Within 7 days from challan deposit date
4	Major Head	Within 3 months from challan deposit date
5	Minor Head	Within 3 months from challan deposit date
6	Nature of Payment	Within 3 months from challan deposit date

Note :

1. Above correction mechanism is applicable only for physical challans with deposit date greater than equal to September 1, 2011.

2. Any correction request initiated by the taxpayer after the time limit specified above shall be rejected by Bank.

3 The fields that can be corrected and the entity authorized to carry out corrections on challan with deposit date less than September 1, 2011 are as below:

Sl. No.	Type of Correction on Challan	Performed By
1	PAN/TAN	Assessing Officer
2	Assessment Year	Assessing Officer
3	Major Head	Assessing Officer /Bank
4	Minor Head	Assessing Officer
5	Nature of Payment	Assessing Officer
6	Total Amount	Bank
7	Name	Bank

5. For rectifications in challans paid through online mode (internet challan) , taxpayer may contact their concerned Assessing Officer (AO) of the Income Tax Department (ITD).

   Format of application to bank for challan correction to be requested by the taxpayer

    To

    The Branch Manager,

     --------------------------- (Address of Branch)

    Taxpayer Details :

    Taxpayer Name :

    Taxpayer Address :

    Taxpayer TAN/PAN :

    Name of Authorized Signatory : (in case of non-individual taxpayer)

  

    Sub : Request for Correction in Challan No: 280/281/282/283 [Strike out which ever is not applicable]

    Sir/Madam,

    I request you to make corrections in the challan data as per following details :

    Challan Details:

BSR Code

Challan Tender Date (Cash/Cheque Deposit Date)

Challan Sl. No.

Sl. No.	Fields in which correction required	Please Tick	Original Details	Modified Details
1.	TAN/PAN (10 digit)
2.	Assessment Year (YYYY)
3.	Major Head code (4 digit)
4.	Minor Head code (3 digit)
5.	Nature of Payment (3 digit)
6.	Total Amount (13 digit)

    Note: Please tick against the relevant fields where changes are required.

  Tax payer/Authorized Signatory

   Date

  

   Note:

   1.    Attach copy of original challan counterfoil.

   2.    In case of correction to challan 280, 282, 283 attach copy of PAN card.

   3.    In case of a non-individual tax payer, attach the original authorization with         seal of the non-individual tax-payer.

  4.     The request form for correction is to be submitted in duplicate to the bank          branch.

  5.    A separate request form is to be submitted for each challan.

Don'ts

1.     Do not use incorrect type of challan for payment of taxes.

2.     Do not make mistake in quoting PAN / TAN.

3.     Do not give PAN in place of TAN or vice versa.

4.     Do not use a single challan to deposit tax deducted for corporate and noncorporate deductees.

5.     Do not use same challan for depositing various types of tax like advance tax, self-assessment tax etc.

6.     Do not make mistake in the F.Y. and A.Y. to be indicated in the challan.

7.     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.