Challan 280 and Form Use for Advance tax

Challan 280 | Income Tax Challan 280 | Check when you use 280 form for different types of Tax…

In this article, you will find where you can find Challan 280 and the exact use of Challan 280. Also check the number for advance tax is 280 or other, and modes of payment for advance tax in said form.

Challan 280

Challan 280 is a very important Income tax related form used for Income tax payment of different types. Every year people across India have to file their Income tax. Sometimes you also have to make Income tax payment of different forms such as Advance Tax payable on occasions.

While it may use for self-assessment tax and the tax for regular assessments, distributed profits over a land property or rents as well.

The government of India has now made the online TIN NSDL website a blessing for tax payers. With the help of Challan 280 or ITNS 280 you can now pay your pending taxes or dues for current or previous years as well.

Challan 280

In this way, the Government made sure that the offline payment via Challan 280 form is not just only method. Users can now seek the online TIN NSDL website to pay for the tax dues. It is an instant with different payment options available as well.

If you have not paid your previous year or current year due taxes liable for you to file for present year Income tax returns. Even after filling of ITR you will not receive any returns because you have not completely paid your pending taxes.

In order to help people, solve this issue of pending taxes where someone forgets to pay for home, rent, land, water or electricity tax we use Challan 280.

Please note that this challan can also use by commercial brands and companies who have yet to pay their taxes. Upon paying of which even they can easily file for Income tax returns from either online or offline.

Why to Pay Income Tax Dues using Challan 280

One of the important things to understand that is, you can only allow to file Income Tax return at the end of the year in December month if you have paid all your Tax dues.

Every citizen of India who owns a property, land, vehicle or sort of ownership have a payable tax to Government. If those taxes paid in full, one will allow to apply for Income Tax returns via eFiling.

But there are some cases where people do not want to pay for their Income tax dues such as taxes liable on their Home tax, Vehicle Tax, Land tax and property tax which they should make sure to clear beforehand or else they will not allow for efiling stage for ITR returns.

Few of the minor government taxes that every has to pay but forget also include the Water Tax, Electricity tax, and the profit. Using Challan 280, you will rectify all the Income Tax dues that you have on your current and previous years.

Once those done you are able to make online payment for all liable taxes that you should making the payment. Since we are talking about online Challan 280, once you submit the details you will have to make the payment. This may done via different payments options that include Internet Banking, Credit Card and Debit card as well.

Challan 280 & ITNS 280 Tax Payment Types

It is not only for Individuals but also for companies who run commercial business across India. The individuals like you and me, along with big companies have pending taxes which they have to make sure close before the year end self-assessment through the Income tax refund filing online.

In order to do so, we use Challan 280 for below mentioned types of payment of taxes that are liable.

Type of TaxDetails
Advance TaxThis type of tax is only preferred where your current assessment year tax liability have exceeded over ₹10,000. Then you can make advance tax payments for the upcoming years based up on the calculation.
SurtaxThis is a form of tax which someone or a company has to pay when they have crossed a threshold of said income and they have to pay the surtax, over the normal Income tax percentage over the income tax being calculated.
Tax on Distributed ProfitThis type of tax is only liable for shareholders of a company or a organization where the profit from the company is being distributed between the whole shareholders. In such a case, the company and even the shareholders have to pay the taxes from their end.
Tax on Distributed IncomeOther than the profit received by shareholder from the company, this charge or tax will be liable on the shareholders if they buy back shares or have distributed income.
Self-Assessment TaxSalaried people have TDS which is debited by the Income Tax department in the form of PF and the self-assessment tax is carried out when you have to pay any of the balance tax on the assessed income which remains even after payment via TDS.
Tax on Regular assessmentThis is a normal payment of tax such as Electricity tax, Water Tax, Land Tax, Property Tax or more where a government has issued you a tax which an assesses has to pay during this current year of tax payments.
Challan 280 Tax Payment Types

Challan 280 Payment Methods

The payment may done via online and offline as well which has paved two options. It is applicable for all citizens across India to do necessary tax due payment anytime they like. In our previous article we have covered the two methods through which you can pay.

Online Payment : In this method you will pay via official website. Uses online transactions payment methods like Internet Banking, Credit card and debit card. Find the process of Income tax challan 280 online payment

Offline Payment : There are many people who prefer to use the offline payment. Where you have to visit the nearest bank branch to pay via Cash/Cheque/Demand Draft. Check the process for Advance Tax offline payment

Advance Tax Form Download

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