• Skip to main content
  • Skip to header right navigation
  • Skip to site footer
Site Logo

BasuNivesh

Personal Finance Blog

  • Home
  • Service
    • Fee-Only Financial Planning Service
    • Financial Wellness Session
  • Blog
  • Old Articles
  • About Us
  • Contact us
  • Media
  • Search

How to pay income tax online in India using Challan 280?

Each year July month is a peak time for taxpayers to file their IT Return. However many of us are unaware of the process of how to pay income tax online in India using Challan 280? Let me share this with you all today.

Many of are unaware of pay income tax online in India using Challan 280 because we are relying on CAs or tax consultant. However, it hardly takes you few minutes to pay your income tax online.

There are various cases when you have to pay the income tax and they are as below.

  • When TDS deducted is less than your liability.
  • When you received the notice from IT Department to pay the balance tax.
  • When you have other sources of income and combined all together, your tax liability raises more than your employer deducted TDS.

What is the meaning of Challan 280?

Challan 280 is the form which is required to be filled when you want to pay Advance Tax, Self Assessment tax, Regular Assessment Tax, Surcharge, Tax on Distributed Profit or Tax on Distributed Income. You can pay such taxes either offline (at banks designated to collect income tax) or through online mode.

How to pay income tax offline in India using Challan 280?

As I said above, to pay income tax offline in India using Challan 280, first you have to download the Challan 280 at first. Fill in the details and submit the same at the banks designated to collect income tax.

You can pay the tax through Cash, Cheque or Demand Draft mode.

How to pay income tax online in India using Challan 280?

There is one mode through which you can pay income tax online in India using Challan 280. This is simple and fast. However, you must have internet banking facility to avail this facility. Also, now you can pay the income tax using your debt card also.

Let me share you the steps involved here in detail.

Step 1-

Visit the NSDL LINK and choose the Challan 280 from the list of challans available there.

Open Challan 280

Step 2-

The next step is to fill in the details in Challan 280.

pay income tax online in India using Challan 280

Here, you have to fill the fields which are mandatory and they are as below.

# As you are an individual, hence always choose the option “0021 Income Tax (Other than Companies)“.

# You have to enter your PAN number.

# Select the proper assessment year. You must have to take the highest care while selecting the AY. For FY 2017-18, the AY is 2018-19.

# Then select city, PIN Code and the state.

# Then under the “Type of Payment“, choose the option “(300) Self Assessment Tax“.

# Next is to choose the mode of payment. Here, you can either pay through internet banking or use a debit card. If you opted accordingly, then you have to choose the bank.

# Finally, click on the “Proceed” tab after entering the security code visible to you.

Step 3-

Once you click on “Proceed” tab, it will show you the below screen where you have to cross verify the details and then confirm on the tab “Submit to the bank”.

TIN Tax Payment Verify details

Step 4-

Once you click on Submit to the Bank” tab, it will redirect to your selected Bank’s internet banking login screen. You have to login and you may see the screen like below.

Here, you have to break up the tax payable into its components, i.e. “Basic Tax”, “Surcharge”, “Education Cess”, “Others”, “Penalty”, and “Interest) as shown in the picture below.

HDFC Bank income tax pay online

Step 5-

Once you make the payment, it will give you an option to download the challan receipt in the PDF format. Also, you will get the challan copy to your registered email. It will look like below.

Online Tax Paid Receipt PDF

You notice that this receipt also contains the Challan Identification Number (CIN). Challan counterfoil will contain CIN, payment details and bank name through which e-payment has been made. This counterfoil is proof of payment being made. You can verify the status of the challan in the Challan Status Inquiry at NSDL-TIN website using CIN after a week, after making payment.

To verify the status, click the “Challan Status Inquiry” link. Here, you will find the various ways to check the status. They are as below.

a) CIN based view.

b) TAN based view.

c) Collecting Bank Branch.

d) Nodal Bank Branch.

You have to select the CIN based view as you have CIN number available in challan counterfoil. Once you enter the CIN, then you can view the following details.

  • BSR Code
  • Date of Deposit
  • Challan Serial Number
  • Major Head Code with a description
  • TAN/PAN
  • Name of Tax Payer
  • Received by TIN on (i.e. date of receipt by TIN)
  • Confirmation that the amount entered is correct (if the amount is entered).

The status looks like below.

Tax Paid Receipt Status of Income Tax Dept

Along with this, you can also verify the tax paid details in “Part C of Form 26AS” also (other than TDS or TCS). If you have paid Advance Tax or Self Assessment Tax, it will appear in this section. Verify that advance tax or self-assessment tax details are showing up in Form 26AS, If they don’t match with your details or status not showing, then you have to contact the Bank. It usually takes around 3 to 4 days to reflect once you paid the tax.

What to do once you pay income tax online in India using Challan 280?

Once you pay income tax online in India using Challan 280, you have to show it in your ITR. If you have paid Self Assessment tax through Challan 280 fill in the details in Tax paid and make sure that your tax liability is ZERO before submitting the return. Look at the image below for your reference.

Fill Tax Paid details in ITR

Advantages of pay income tax online in India using Challan 280

  • You can pay the tax by sitting anywhere on this earth.
  • By instant payment acceptance, you can avoid the late penalty charges.
  • It is purely secure and confidential.
  • You can keep the receipt either in softcopy format or in hardcopy format by printing it.
  • Even your bank statement also shows the proof of your tax paid.

Hope this much information is sufficient for you to understand the process of how to pay income tax online in India using Challan 280. Let me know if you have any questions.

About Basavaraj Tonagatti

Basavaraj Tonagatti is the man behind this blog. He is SEBI Registered Investment Adviser who is practicing Fee-Only Financial Planning Process and also an Independent Certified Financial Planner (CFP), engaged in blogging since 7 years. BasuNivesh blog is ranked as one among India's Top 10 Personal Finance Blog. He is not associated with any Financial product/service provider. The purpose of this blog is to "Spread personal finance awareness and make them to take informed financial decisions." Please note that the views given in this Blog/Comments Section/Forum are clarifications meant for reference and guidance of the readers to explore further on the topics/queries raised and take informed decisions. These should not be construed as investment advice or legal opinion."

Previous Post: « 5 unknown facts about Sukanya Samriddhi Yojana (Account) Rules 5 unknown facts about Sukanya Samriddhi Yojana (Account) Rules
Next Post: Top 5 Best Liquid Mutual Funds in India in 2018 Top 5 Best Liquid Mutual Funds in India in 2018 »

Reader Interactions

Comments

  1. ASHOK KUMAR BHATIA

    November 23, 2020 at 12:41 PM

    I am an individual and I paid self assessment tax. Unfortunately, before I could print the RECEIPT my computer hanged. I need the payment receipt but do not know how to get it. Please help.

    Reply
    • Basavaraj Tonagatti

      November 23, 2020 at 10:40 PM

      Dear Ashok,
      Check by login to your IT portal.

      Reply
  2. ROHIT

    August 3, 2018 at 1:47 PM

    I am a doctor working for a hospital and I get salary. I also admit my private patients to this hospital and the hospital pays me my consultation charges for my services after my duty hours for attending to my private patients. In my form 16 my employer has shown this under Professional Charges — Private Clinic. They have deducted tax on this as usual and it is appearing in form 26AS. Can you advise if I can show this Under Clinic Income for Presumptive tax purpose ie 50% of my total Clinic Income? Will it be disallowed as it is payed by the same employer?

    Reply
    • Basavaraj Tonagatti

      August 3, 2018 at 4:37 PM

      Dear Rohit,
      It is your professional income apart from salary income. Even though it is paid by the same employer. Hence, first check the presumptive income eligibility and then go ahead.

      Reply
  3. Ashish

    August 2, 2018 at 12:09 AM

    Sir
    I am a salaried person and also having two house in my own name. In one house I am residing and other is given in rent. Which return should I have to filed ITR1 or ITR2 ?
    Pl guide me.
    Thank you

    Reply
    • Basavaraj Tonagatti

      August 2, 2018 at 9:24 AM

      Dear Ashish,
      Use ITR2.

      Reply
      • Ashish

        August 3, 2018 at 10:48 PM

        Ok sir
        Thanks.

        Reply
  4. Shanmuga

    July 30, 2018 at 8:17 PM

    Hi Basu,

    Thanks for the informative article. One small doubt regards to ITR Filing. I am a salaried employee supposed to submit itr1. The deadline extension from July 31 to August 31 2018 applicable to me or not ? Please advise

    Reply
    • Basavaraj Tonagatti

      July 30, 2018 at 8:26 PM

      Dear Shanmuga,
      Yes, it is applicable to you also (If your Income Tax Return is not subject to any Tax Audit).

      Reply
      • Shanmugam

        July 31, 2018 at 3:38 PM

        Thanks very much !

        Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Sidebar

Newsletter Signup

Subscribe to our weekly newsletter below and never miss the latest product or an exclusive offer.

Enter your email address

Categories

  • Banking
  • Consumer Rights
  • EPF and PPF
  • Insurance Planning
  • Investment Planning
  • Mutual Fund
  • Real Estate
  • Real Life Stories
  • Retirement
  • Tax Planning
  • Uncategorized

Subscribe to our YouTube Channel

Recent Posts

  • Muthoottu Mini Financiers NCD Jan 2021 – Double money in 84 MONTHS!!
  • Latest NPS exit and withdrawal Rules 2021
  • Interesting Tax Dispute – Whether Sachin Tendulkar Actor or Cricketer?
  • List of Index Funds in India 2021
  • 7.15% Power Finance Corporation NCD Bonds 2021 – Review
  • ENEMY No.1 of your investment

Are you looking for Unbiased, Simple and Conflict-Free Financial Planning Service?

We neither SELL any product nor representative of any Insurance or Mutual Fund Companies.

We offer you an unbiased Fee-Only Financial Planning Service.

GET STARTED

    Follow along on social media

Get in touch with us here

Address: Basavaraj Tonagatti,
1446, Aastha, Sir M Vishweshwarayya Layout, 5th Block, Bangalore-560056.

Phone: (+91) 9019580450

Email: tonhokrani@gmail.com

Subscribe to our newsletter

Newsletter Signup

Subscribe to our weekly newsletter below and never miss the latest product or an exclusive offer.

Enter your email address

© Copyright 2020

Return to top