SSC Selection Post 2022 PYQ — Question 38

SSC Selection Post - Matriculation Level 2022 - 7 Feb 2022 - Shift 2 • General Awareness • Q38

Which ITNS (Income Tax New Series) challan is used by Indian taxpayers to deposit the tax collected at source?

Show answer & explanation

Correct answer: D

Explanation

The correct answer is option 4 i.e.ITNS 281.

  • The Challan Number ITNS 281 is utilised for the deposit of either Tax Collected at Source (TCS) or Tax Deducted at Source (TDS).

Different Types of ITNS Challan:

  • ITNS 280 Challan: Individuals, businesses, and other groups use the ITNS 280 challan to pay their income tax.
  • ITNS 282 Challan: You can pay the Securities Transaction Tax (STT), Estate Duty, Wealth Tax, and other direct taxes with the ITNS 282 Challan. 
  • ITNS 283 Challan: You can use the ITNS 283 Challan to pay Other Taxes, Fringe Benefits Tax (FBT), and Banking Cash Transaction Tax (BCTT). 
  • ITNS 284 Challan: To pay the Equalisation Levy, you use the ITNS 284 Challan.