how to pay tax due

POSTED BY shravan kumar ON June 6, 2013 4:28 pm COMMENTS (4)

hi team,


I need to pay tax due for this ay year 2012-13. I aware of the link to pay the same.

but not sure of the challan that i need to select and the radio button followed by it.


I am a salaried employee working for an IT co. and I have used ITR-1 sheet during filing process. kindly help me on this. thanks in advance



4 replies on this article “how to pay tax due”

  1. bemoneyaware says:

    Please ensure that ITR1 is applicable to you as scope of ITR1 is reduced this year.
    One who have negative income under head Income from other sources can not use this form
    If one’s exempted income is more than 5,000 then that assessee can not use Sahaj (ITR-1)

    Salaried person getting transport allowance which is exempted 800 per month (more than 5000) can not use ITR-1.
    Salaried person getting HRA exemption (more than 5000) are also not eligible.
    Other allowances which are exempted also not eligible.
    If one has received maturity amount of insurance ,exempted at the time of receipt, more than Rs 5,000 also not eligible
    Our article Which ITR form to use covers it in detail

  2. bemoneyaware says:

    We have written series of articles on how to fill income tax in ITR1 with pictures. You can go through it.
    Fill Excel ITR1 Form : Income, TDS, Advance Tax
    Fill Excel ITR1: 80G, Exempt Income,Calculation of Tax

  3. bemoneyaware says:

    Steps for paying through Challan 280.
    Step1 : On TIN NSDL webpage Select Challan 280.
    Step 2: Enter details such as a) PAN for payment of Tax. b) Address of the taxpayer c) Assessment Year d) Major Head Code e) Minor Head Code f) Type of payment g) Select the bank name from the drop down provided. TIN NSDL webpage of Authorised Bank is list of banks through which one can do e-Payment of tax.

    Assessment Year : 2013-14
    For individual Select 0021 : INCOME-TAX (OTHER THAN COMPANIES)
    Type of payment depends on why you are paying income tax.

    100 for Advance Tax
    400 for Tax on Regular Assessment for making any payment only when demand has been raised by Income Tax Department.

    On the payment page, you need to break up the tax payable into its components, i.e. “Income Tax” and “Education Cess” etc. There is no Surcharge for FY 2012-13 and education cess is 3%.
    So if total tax payable Rs. 10,000, the Income Tax component is (10,000 / 1.03) i.e. Rs. 9,709, and Education Cess is Rs. 291 (3% of Rs. 9709).
    Faced the same problem hence explained in detail in our article with picturesPaying Income Tax : Challan 280 . Hope it helps

  4. Dear Shravan, the applicable challan for you is 280. As you are paying tax after the end of FY & as per your own calculation, it’s self assessment tax code 300. Please do note for Fy 2012-2013, the AY for you is 2013-2014.



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