Which challan to be filled for income tax return ?

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Hi,

I was working in Company ABC from April-Novemeber 2011.

I have recieved form 16 in which company have calculated tax after the deduction of 1,80,000 . so the

then I started working in Company XYZ from Dec-2011 to March-2012.

There too  have recieved form 16 in which company have calculated tax after the deduction of 1,80,000 .

So i have to file the return and i have the tax liabilty as i have taken the deduction of 1,80,000 twice.

Can you please tell me which challan i need to fill and with which option as it has many options :

SELF ASSESSMENT TAX,TAX ON REGULAR ASSESSMENT etc ?

 

regards

Sumant

 

Replies (3)
Sr. No. Challan No. Descripttion Type Of Payment
1. ITNS 280 for payment of Income Tax and Corporation Tax
  • Advance Tax
  • Surtax
  • Self Assessment Tax
  • Tax On Distributed Profits Of Domestic Companies
  • Tax On Regular Assessment
  • Tax On Distributed Income To Unit Holders
2. ITNS 281 for depositing Tax Deducted at Source/Tax Collected at Source (TDS/TCS) from corporates or non-corporates
  • TDS/TCS Payable By The Taxpayer
  • TDS/TCS Regular Assessment (Raised By IT Department)
3. ITNS 282 for payment of Securities Transaction Tax Hotel Receipts Tax Estate Duty Wealth Tax Gift Tax Expenditure Tax and Other direct taxes
  • Advance Tax
  • Tax On Regular Assessment
  • Self Assessment Tax
4. ITNS 283 for payment of Banking Cash Transaction Tax and Fringe Benefits Tax
  • Advance Tax
  • Tax On Regular Assessment
  • Self Assessment Tax

You have to deposit the self assessment tax and used the form ITNS 280.

 

Thanks & Regards

Hi Karandeep,

Thanks for reply.Can you please let me know if the tax which which i have to pay exceeds 10,000 then

shall it attract penaly if i pay it now?

 

Regards

Sumant

 

 

no and only interest us 234 B & C @ 1% pm


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