Hello, friends welcome to my blog Technicalji.com. Last week I was thinking too many accountants to the makes TIN NSDL TAX PAYMENT onlinebut they have many time mistakes on deposit time because of they have no knowledge about how to make CHALLAN NO 281 payment online. So I am decided to writing this article for share my knowledge on how to make TIN NSDL TAX PAYMENT Online.
TDS or TAX DEDUCTION AT SOURCE is the system for working under the income tax. TDS have many percentages according to the nature of transactions like rent, professional, salary & interest, commission, etc. The Company making such specified payments is responsible for deducting the TDS and paying the balance amount to the person entitled to receive such payment.
TIN NSDL TAX PAYMENT Percentages According to Nature of Transaction
|S.No||Section||Nature of Payment||Threshold||Indv/ HUF||Company|
|1||192 B||Salaries||According to Slab||–||–|
|2||194 C||Contractor – Single Transaction||30000||1%||2%|
|3||194 C||Contractor-During the F.Y.||1 Lakh||1%||2%|
|4||194I||Rent of Land and Building||1.80 Lakh||10%||10%|
|5||194I||Rent of Plant / Machinery / Equipment||1.80 Lakh||2%||2%|
|6||194J||Professional Fees / Technical Fees||30000||10%||10%|
The complete list of such fixed payments alongside the rate of TDS to be deducted will be accessed here.
The TDS amount deducted should be deposited to the govt. inside the due dates specified by the person deducting the TDS. The TDS payment can be made online.
TDS DUE DATES for TIN NSDL TAX PAYMENT/ CHALLAN NO 281 Online
|Month||The due date for TIN NSDL TAX PAYMENT online|
|April||7th of May|
|May||7th of June|
|June||7th of July|
|July||7th of August|
|August||7th of September|
|September||7th of October|
|October||7th of November|
|November||7th of December|
|December||7th of January|
|January||7th of February|
|February||7th of March|
|March||30th of April|
TIN NSDL TAX PAYMENT follows these steps
Step 1: For TIN NSDL TAX PAYMENT open Google.com Search bar and open this website www.tin-nsdl.com > service and click on e-payment: Pay Taxes Online.
See Like This Image
Step 2: Scroll Mouse Down and Click on CHALLAN NO 281
Step 3: Fill all details these mandatory first is Tax Applicable (Tax Deducted/Collected at source From) just in case TDS Deductees is company Tick on the this Code (0020) and in case Deductees is Non- company the Tick on the this Code (0021).
Second square measure Deductees TAN number and Assessment Year Third are Fill the complete address of Deductees
Fourth is Type of Payment Minor Head 200 Shows TDS/ TCS payable by Taxpayer (paid by his own each month) Minor Head 400 Shows TDS/ TCS payable on Regular Assessment (i.e. demand raised by department & paid by the assesses for constant.)
Step-4: On confirmation of the information therefore entered, the taxpayer is going to be directed to the net-banking website of the bank.
Step-5: The taxpayer should log in to the net-banking web site} with the user id/password provided by the bank for net-banking purpose and enters the payment details at the bank site.
Step-6: On successful payment, of CHALLAN NO 281 records are displayed, payment details and bank name through that e-payment has been created. These records are proof of TIN NSDL TAX PAYMENT being done and download or printing option is appearing after payment of CHALLAN NO 281.