*NOTES. 1. Please note that quoting false TAN may attract a penalty of Rs. 10,/- as per section BB of I.T.. Act, 2. Use a Separate Challan for each. ITNS – This Challan is used for depositing Tax Deducted at Source (TDS) or Tax Collected at Source (TCS). Challan No. ITNS – This is to be used in. a) ITNS is used for the payment of advance tax, self-assessment tax or regular assessment tax by companies or by other than companies. b) ITNS is .

Author: Nizahn Mull
Country: Timor Leste
Language: English (Spanish)
Genre: Relationship
Published (Last): 17 June 2016
Pages: 96
PDF File Size: 10.74 Mb
ePub File Size: 10.5 Mb
ISBN: 872-7-59422-347-8
Downloads: 20806
Price: Free* [*Free Regsitration Required]
Uploader: JoJosho

Central Board of Indirect Taxes manages this directly. Step-5 On confirmation of the data so entered, the taxpayer will be directed to the net-banking site of the bank. Payment can be made in cash as well as cheque. TDS deducted on the purchase of property: It is to be ensured that separate challans are to be used for different types of deductees, i.

Whether an entity is a company or not can be checked by the PAN no. To pay taxes online, login to http: Ktns example if the payment is to be made for interest on securities and one for dividend, in such case separate challans should be made specifying different codes for each kind of payment.

Turn off more accessible mode. Click on Challan No.

Pay Tax Online​​

Under traditional practice, the government used to collect taxes manually through bank branches. For example, if the TDS is to be deposited for the month of Marchthe due date shall be April 30, Provide proper link of e-payment. Select the relevant challan i. TDS deducted in the month of March: Challan Status Enquiry for Banks: Go to the tin-nsdl website and select Challan No.

When this token is presented at the branch after encashment of the cheque, the bank shall provide the acknowledgement counterfoil duly stamped with the Challan Identification Number. Consequences in case of delay.

Tax is to be deposited for the month of March — 30 th April. A TDS challan is an official document that shows the tax deducted at source. This is applicable in case of income tax of companies, i.

Error (Forbidden)

Challan ITNS — issued for depositing income tax includes self-assessment tax, advance tax, tax on regular assessment. Please turn on JavaScript and try again.

Axis Long Term Equity Fund. On the basis of branch scroll date and the major head code- description, the collecting bank branch can access the total amount and total number of challans for each major head code. Invest in best performing Mutual funds for building long term wealth.

This is the itn column of the form, it has two options: TDS deducted on payments excluding the purchase of property: Following are the three types of challans introduced by the Income Tax Department: Once the transaction is successfully processed, a challan counterfoil shall be displayed containing the CIN No.

The due date for payment of TDS is different for government assessee and non-government assesses. To overcome the issues of manual collection, advisory group on tax reforms under the chairmanship of Dr. Toggle navigation Home About Us. How ittns file GST Returns?

TDS Challan 281

Due date for filing TDS Challan. Unlike traditional system in which three copies of challans were issued, in OLTAS, single copy of challan is issued with a tear off strip for tax payer. OLTAS was introduced in for collection, accounting and reporting of receipts and payments of Direct taxes.

In case of delay in deposit of tax, an interest is levied at the rate of 1. Below are the details that are required to be entered by the tax payer based on the type of view: Get done in 7 mins. File all GST returns for your clients with automated data reconciliation – No download required.