How to Pay Income Tax Online with Challan 280

05 July 2024
4 min read
How to Pay Income Tax Online with Challan 280
whatsapp
facebook
twitter
linkedin
telegram
copyToClipboard

Paying income tax might seem scary, but you do not always need to hire a costly chartered accountant to pay your taxes. By understanding the basics, you can handle the tax payment yourself. One easy way to pay your taxes is by using Income Tax Challan 280.

In this blog, you will learn about Challan 280 and how it helps you pay your income tax online.

What is Challan 280

You can use Challan 280 to pay various types of income taxes, including self-assessment tax, regular assessment tax, tax on distributed income and profit, advance tax, and surtax.

Whether you pay your taxes online or offline, you need to use this form to make the payment. It is also known as ITNS 280.

If you prefer to pay ITNS 280 Challan offline, you have to take the form to a designated bank branch and make the payment there. On the other hand, if you opt for online payment, you can complete the transaction by visiting the TIN NSDL website.

How to Pay Income Tax Online through Challan 280

Now that you know more about challan no ITNS 280, learn the steps listed below to make an Income Tax Challan 280 online payment:

Step 1: Go to the official portal of TIN NSDL.

Step 2: Choose the ‘e-payment: Pay Taxes Online’ option under the ‘Services’ tab.

Step 3: On the new page, you will get a link; click on it.

Step 4: Upon clicking the link, you will be directed to the official Income Tax e-filing portal.  

Step 5: Next, select  ‘e-pay Tax’ on the left side of the page. 

Step 6: Provide your PAN or TAN and confirm it. 

Step 7: Enter your mobile number, provide the OTP received, and tap on the ‘Continue’ button. 

Step 8: A new page will appear where you have to click on the ‘Income Tax’ button and select ‘Proceed’.

Step 9: Next, you will land on a new page where you have to fill in the required details like Type of Payment (Advance Tax (100), Tax on Regular Assessment (400), Self-Assessment Tax (300), etc.) and Assessment Year. 

Step 10: Under Tax Head, enter the amount and hit the ‘Continue’ button to proceed. 

Step 11: Now select the mode of payment, either via 'Debit Card' or 'Net Banking'.

Step 12: After selecting the payment mode, choose the bank name from the drop-down list. 

Upon successful completion of the Challan 280 payment, you get a challan counterfoil with the Challan Identification Number or CIN, payment details, and the bank name confirming your payment. 

How to Download Challan 280 Online

You need to follow the steps mentioned below to download Challan 280 online:

Step 1: Go to the official website of the Income Tax Department.

Step 2: Tap on the  'Downloads' option. 

Step 3: Select ‘Challans’ and you will be redirected to a new page. 

Step 4: From the list of downloadable challans, select 'ITNS-280'. 

Your Challan 280 is available in both PDF and fillable form formats. Choose your preference and download the form. 

Benefits of Income Tax Challan 280 Online Payment

The following are the benefits of online payment of Income Tax Challan 280:

  • Efficiency

Paying taxes online with Challan 280 updates your tax records quickly, avoiding delays that come with using cheques or demand drafts. The standardised form reduces errors compared to manual calculations, helping make tax assessments smoother.

  • Convenience

You can pay your Income Tax Challan anytime and from anywhere with an internet connection, eliminating the need to visit a tax office or mail a payment.

  • Detailed Tracking

Challan 280 logs your tax payments, including the date, amount, and purpose. You can easily access this information online, making it simple to track your tax obligations.

  • Time-Saving

Online tax payment streamlines the process, letting you complete transactions quickly without dealing with paperwork, forms, or long queues.

  • Accuracy

Built-in calculators on online payment platforms help you determine the correct tax amount, reducing errors and ensuring accurate payments.

  • Secure Transactions

The government's online tax payment platforms use strong security measures to protect your financial information. Encryption and secure servers keep your sensitive data safe.

  • Verification

You can check if the IT department has received your payment by visiting the Tax Information Network website.

The Bottom Line

Paying your income tax online using Income Tax Challan 280 is a straightforward and efficient process. By following the steps outlined above, you can handle your tax obligations in a hassle-free manner.

Thus, start your online tax payment today and take control of your financial responsibilities with ease.

You may also be interested to know

1.

Difference Between Tax Evasion and Tax Avoidance

2.

What is Non Tax Revenue

3.

What is Tax to GDP Ratio

4.

How to Save Tax for Salary above 10 Lakhs

5.

Everything to Know About Income Tax Clearance Certificate
Do you like this edition?
ⓒ 2016-2024 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 5.4.2
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  GROWWMF |  SBI |  AXIS |  HDFC |  UTI |  NIPPON INDIA |  ICICI PRUDENTIAL |  TATA |  KOTAK |  DSP |  CANARA ROBECO |  SUNDARAM |  MIRAE ASSET |  IDFC |  FRANKLIN TEMPLETON |  PPFAS |  MOTILAL OSWAL |  INVESCO |  EDELWEISS |  ADITYA BIRLA SUN LIFE |  LIC |  HSBC |  NAVI |  QUANTUM |  UNION |  ITI |  MAHINDRA MANULIFE |  360 ONE |  BOI |  TAURUS |  JM FINANCIAL |  PGIM |  SHRIRAM |  BARODA BNP PARIBAS |  QUANT |  WHITEOAK CAPITAL |  TRUST |  SAMCO |  NJ