Questions & Answers

Q: I deposited income tax through Challan in a Bank Will the bank give me some particular number to indicate in ITR.

Ans. Yes, A Challan deposited to the bank will contain Challan Date, Challan Number, BSR Code and Amount need to indicate in ITR. 

        After making a payment through e payment a challan has been generated. First save that challan and enter the details of the Challan in the Self Assessment Tax Details with Challan Date, Challan Number, BSR Code and Amount. All the information is available in the Challan you have paid. After that your tax liability will become Zero and then generate Xml file and file your Income Tax Return through Income Tax portal.