What is Income Tax Challan 280?

What is Income Tax Challan 280?

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Created By Admin Last Updated Mon, 12-Oct-2020

The advancements made in the digital technology has led to the elimination of the manual methods of tax payments. Today, the government websites have offered taxpayers with quick, instant and convenient methods of online tax payments that enable them to gather taxes easily. In the maximum number of cases, the payments are accepted online only.

Challan 280 is one form that the taxpayers can use for making advance tax, self-assessment tax, regular assessment tax and taxation on distributed income & profits as well as extra charge payments. This form can be easily downloaded and depending upon the taxpayer’s convenience. However, it can be submitted either online or offline through banks.