If you have paid taxes on your own you may be asked to confirm this with the Challan Identification Number (CIN). This is the number you receive from a designated bank when you pay your taxes either offline or online at the tin nsdl portal. People Also Searched For What do you understan...
To file Income tax returns one needs to fill different Income Tax returns form which are :ITR-1 (Sahaj) ,ITR-2 ,ITR-3, ITR-4 and ITR-4S( Sugam).ITR-5 and ITR-6can only be filed through e filing mode. These forms are released every year by Income Tax Department. Details of form...
The IT department is headed by the Central Board of Direct Taxes (CBDT). The main responsibility of the IT department is to enforce the various direct tax laws, such as income tax laws. The Income Tax Act of 1961 has provisions to empower the Income Tax Department to levy income tax on...
As per section 192(1) of the Act, any person responsible for paying any income chargeable under the head “Salaries” shall, at the time of payment, deduct income-tax on the amount payable at the average rate of income-tax computed on the basis of the rates in...
In above given problem a part of consideration has been received through banking challan. For calculating Capital Gain Tax, we have to consider Full Value of consideration at the time of Agreement that is Rs. 2.00 Crores or Stamp Duty Value in February,2021 whichever is more (on the assumptio...
DDO serial number in Form No.24G Date of Transfer voucher (dd/mm/yyyy) Status of Matching with Form No.24G Total (Rs.) II. DETAILS OF TAX DEDUCTED AND DEPOSITED IN THE CENTRAL GOVERNMENT ACCOUNT THROUGH CHALLAN (The deductor to provide payment wise details of tax deducted and deposited wi...
Fill in all the required details and chose ‘(100) advance tax’ option for payment; Make the advance tax payment through net banking or debit card; and, Achallan(receipt) with a specific number will be generated. This needs to be quoted on future tax filings for the financial year. ...
Understand Income Tax: What is Income Tax, TDS, Form 16, Challan 280covers all articles related toIncome Tax slabs,Types of Income, the tax on different types of Income when it is taxed, dates and year related to Income Tax, tax cut i.eTDS, how to see TDS, how and when to pay ad...
Step 1: Visit the bank branch receipt where the tax was deposited and carry the original challan receipt with you. Step 2: Ask and fill up the request form for tax correction. Submit a duplicate copy of the same to the related bank branch. Step 3: Submit the original challan counterfo...
Challan - 280 Income Tax Deposit Challan - 281 TDS / TCS Tax Challan - 282 Wealth Tax, Gift Tax, Securities Transaction Tax, etc. Deposit Challan - 283 Fringe Benefit Tax Deposit FORM - 1 Undertaking under sub-rule (1) of rule 11UE of the Income-tax Rules, 1962 FORM - 2 Fo...