Tax FAQ
 

Will A Person In 30% IT Bracket Be Required To Deposit Balance Income Tax @ 20% By Bank Challan?

Question by Prabjot Grewal | Posted in India

He is in 30% Tax class and has bank deposit which has fetched him Rs 50000 as annual interest. On this interest , bank has deducted TDS @10% as per their guideline. Now let me know whether he has to deposit the difference of 20% (30% - 10%) of ITax by bank challan before filing his IT carry back. If yes, how to calculate this amount?

Answer: You have to pay 'self assessment tax' @ 20.6% thru Challan 280.

50000 X 20.6% = Rs 10,300/- ('self assessment tax' Rs 10000/- + cess RS 300/-)

Get Dream up 16A from bank. Verify "Challan Status Inquiry" at http://tin.nsdl.com/OLTASChallanStatusEn quiry.asp

Support that 10.3% TDS has been credited to your PAN.

HMT
 
 

Advance Income Tax Challan 281?

Question by Surendra K | Posted in India


 
 

Help About Income Tax Matter?

Question by vijay r | Posted in India

I have regard Online Income tax Challan 280 but I don't get receipt no. now i want to see my online challan status for submission of challan details butLargelyi did't get it. where can i got the challan details.

Answer: when you have pay in your challan by internet banking a reference number is given by bank that ref. no is the detail of challan means

day. serial number and bsr code with the help of this information you may get the challan status through NSDL website..

Mr. Tulsi Gupta
91-9868119697
For Samarpan Consultancy Services

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Calculating Income Tax
940 Tax
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Where Can I Download Challan 280(advance Income Tax Payment Form) On The Internet?

Question by meenakshi s | Posted in India


Answer: You can down trouble the form from any of the following sites :

www.incometaxindia.gov.in
www.tin.nsdl.com

Related Topics:

Probate Tax
County Property Tax Appraisal
Capital Gains Tax 2007

 
 

Where Can I Download Challan 280(advance Income Tax Payment Form) On The Internet?

Question by premchandj | Posted in India

where can i download challan 280(increase income tax payment form) on the internet? I tried http://incometaxindiaefiling.gov.in portal, but they ask me to download some software(which works on windows....i am on linux). Can someone hint me to where i can get a pdf version of the form....please

thanks

Answer: Log on to IT website .From there you can download required arrangement.

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Calculate Property Tax
941 Tax Form
Ga Tax Commissioner

 

How to Pay Income Tax / Advance Tax online

by Anunay

In the truth your bank doesnot have an online payment ladies' room or is not an authorized bank then you can fall upon electronic payment of tax from the account of any other himself who has an account with the authorized bank having online readiness. Your bank will course of action the arrangement online by debiting the bank account indicated by you and contrive a printable acknowledgment indicating the Challan Pigeon-holing Include (CIN). In suit of challan no. 281 Tax Diminution/Gleaning Account Gang (TAN) needs to be entered. In instance of challan no. 280, 282 and 283 the Durable Account Figure up (PAN) needs to be entered. However, the challan for making such payment must manifestly hint your Stable Account Digit (PAN). In invalid PAN/TAN is not nearby in the database of the Income Tax Office then you cannot proceed with the payment of tax....

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