has a twin-fold objective that is synonymous with the two blades of a single scissor – It is both a return as well as challan form for the deductions that have been made u/s 194 of the Income Tax Act, 1961 for paying Tax Deducted at Source (TDS) that is added to the state excheq...
1. Visit an authorised bank branch>>get the challan 281 form 2. Fill in the required details>>make the payment 3. A bank executive will accept the payment>>a receipt of the challan acknowledging the same will be issued 4. Once the challan is verified, the tax would be deposited to the...
If the total tax payable in a financial year is Rs. 10000 or more, then a person has to pay Advance tax. Advance tax meansincome taxshould be paid in advance instead of lump sum payment at year-end. You pay this tax in the financial year preceding the assessment year in four installme...
Application fee is Rs. 1000/- which can be paid through Demand Draft / Pay Order to apply for IEC code.(Amount may differ time to time; you may get exact amount from issuing authority) What is fee for Modification in Importer Exporter Code? No fee is chargeable for modification in Import...
interest u/s 234A,but if any tax is due then you have to pay interest under section 234B, 234C. Please pay Self Assessment Tax using Challan 280, Update the tax paid in ITR and then revise the return. As explained in our articleSelf Assessment Tax, Pay Tax using Challan 280, ...
Regular taxpayers need to generate a PMT-06 challan to deposit payments into the cash ledger, especially when filing GSTR-3B. The challan can be generated before, after, or during the return filing process. Quarterly Taxpayers (QRMP Scheme) For QRMP taxpayers, GST must be paid using the PM...
7) Click in “Tax Details” tab. In this tab you need to show the TDS deducted as well as Self assessment tax paid. Normally, The TDs deducted by Banks are automatically shown here. If not, you need to enter the details from Form 16/16A etc. Or you can get the TDS detaisl from...
How to download Property Tax Receipt / Challan Online? After paying property tax in India, it is essential to keep a copy of the receipt. Follow the steps to save it for future references. Visit the online portal of your concerned Municipal Corporation. Log in to the Citizen account with...
As per Sections 237 to 245 of the Income Tax Act, 1961, a refund is issued only after a taxpayer paid the excess amount of tax than the actual tax amount. Who can get an Income Tax refund? In following cases, an individual or business entity can get a tax refund If you have paid...
e-TDS/TCS return has to be prepared in the data format issued by e-Filing Administrator. This is available on the Income Tax Department website and NSDL-TIN website