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What are the precautions that I should take while filling-up the tax payment challan?

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Rahul Rahul
Answered on January 01,2020

While making payment of tax, apart from other things, one should clearly mention the following :

  • Head of payment, i.e., Corporation Tax/Income-tax (other than companies)
  • Amount and mode of payment of tax
  •  Type of payment [i.e., Advance tax/Self assessment tax/Tax on regular assessment/Tax on Dividend/Tax on distributed Income to Unit holders/Surtax]
  •  Assessment year
  • The unique identification number called PAN [Permanent Account Number] allotted by the IT Department.?

 

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