{"id":6544,"date":"2023-01-18T11:21:53","date_gmt":"2023-01-18T05:51:53","guid":{"rendered":"https:\/\/razorpay.com\/blog\/?p=6544"},"modified":"2023-01-18T17:26:30","modified_gmt":"2023-01-18T11:56:30","slug":"tds-challan-281","status":"publish","type":"post","link":"https:\/\/razorpay.com\/blog\/business-banking\/tds-challan-281\/","title":{"rendered":"TDS Challan 281: What Is It and How to Pay?"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">TDS Challan 281 is a challan form used by employers to deposit tax deducted at source (TDS) on salary to the government. It is used for payment of TDS on salary by an employer to the government. This challan form is issued by the Income Tax Department.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In this blog, we decode everything about Challan 281. Read on.<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_80 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69d71b14daa23\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69d71b14daa23\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/tds-challan-281\/#What_is_Challan_281\" >What is Challan 281?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/tds-challan-281\/#Important_Points_to_Consider_Before_Filing_TDS_Challan_281\" >Important Points to Consider Before Filing TDS Challan 281<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/tds-challan-281\/#How_to_deposit_Challan_281\" >How to deposit Challan 281?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/tds-challan-281\/#How_to_make_TDS_payments_in_30_seconds\" >How to make TDS payments in 30 seconds?\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/tds-challan-281\/#Due_dates_for_depositing_Challan_281\" >Due dates for depositing Challan 281<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/tds-challan-281\/#Frequently_Asked_Questions_FAQs\" >Frequently Asked Questions (FAQs)<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_is_Challan_281\"><\/span><b>What is Challan 281?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">By definition, a challan is an official document that acknowledges a payment. In taxation parlance, challans are documents that are proof of a deposit with the Government, The Income Tax Act 1961 mandates businesses to deduct TDS before an income payment to an individual or entity.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><em>For example<\/em>, if a company makes a payment of Rs 1 lakh to a contractor, they should deduct Rs. 10,000 (at the rate of 10% TDS) before making the full payment and pay a net amount of Rs. 90,000. <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\"><a style=\"border-radius: 3px; background: #528FF0; padding: 15px; font-weight: 600; cursor: pointer; text-decoration: none; color: white;\" href=\"https:\/\/razorpay.com\/x\/?r=blog_cta_business_banking_challan_281&amp;utm_source=blog&amp;utm_medium=cta\" target=\"_blank\" rel=\"noopener\" data-schema-attribute=\"\">Pay TDS with RazorpayX!<\/a><\/span><\/p>\n<p><span style=\"font-weight: 400;\">The TDS deducted here should be deposited to the income tax department through Challan 281 on the behalf of the person who earned the income.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Important_Points_to_Consider_Before_Filing_TDS_Challan_281\"><\/span><b>Important Points to Consider Before Filing TDS Challan 281<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><strong>DOs<\/strong><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You will need a TAN number in order to file a TDS Challan 281. In order to get this, You should submit form 49B*\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Verification of TAN is important before depositing the challan. Otherwise, a fine of <\/span><a href=\"http:\/\/www.incometaxindia.gov.in\/tutorials\/28.%20penalties.pdf\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">Rs. 10,000<\/span><\/a><span style=\"font-weight: 400;\"> will be imposed.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It is important to get a challan certificate with the CIN number while filing TDS challan 281 offline.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Codes for different TDS challans are usually available at the back of TDS challan 281. It is important to be aware of it while depositing challans under different sections.<\/span><\/li>\n<\/ul>\n<h3><strong>DONT&#8217;s<\/strong><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The year which you are filing for( assessment year) is followed by the financial year. It\u2019s important to calculate your income from the previous year.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">For example, if a financial year is from 1st April 2020 to 31st 2021 March, then an assessment year is from 1st April 2021 to 31st March 2022. Hence you will be able to file TDS for your assessment year.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Corporate and non-corporate deductees shouldn\u2019t use similar challans to deposit TDS.<\/span><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"How_to_deposit_Challan_281\"><\/span><b>How to deposit Challan 281?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Businesses can deposit TDS payments in 2 modes &#8211; online and offline mode.\u00a0<\/span><\/p>\n<h3><b>Offline mode<\/b><\/h3>\n<table style=\"height: 236px;\" width=\"768\">\n<tbody>\n<tr>\n<td><span style=\"font-weight: 400;\">1. Visit an authorised bank branch&gt;&gt;get the challan 281 form<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">2. Fill in the required details&gt;&gt;make the payment<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">3. A bank executive will accept the payment&gt;&gt;a receipt of the challan acknowledging the same will be issued<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">4. Once the challan is verified, the tax would be deposited to the Income Tax Department<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><b>Online mode<\/b><\/h3>\n<table>\n<tbody>\n<tr>\n<td><span style=\"font-weight: 400;\">1. Log on to the official <\/span><a href=\"https:\/\/onlineservices.tin.egov-nsdl.com\/etaxnew\/PopServlet?rKey=-2134064789\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">TIN-NSDL<\/span><\/a><span style=\"font-weight: 400;\"> website\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">2. Home page&gt;&gt;go to the \u2018Services\u2019 tab&gt;&gt;click on e-payment&gt;&gt;pay taxes online<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">3. Choose \u2018Challan No.\/ITNS 281\u2019&gt;&gt; click on \u2018Proceed\u2019<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">4. Fill up the online form mentioning the following details \u2013<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Whether you are a company or a non-company deductee<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Type of payment \u2013 TDS\/TCS by a taxpayer or TDS\/TCS by regular assessment<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">The nature of payment<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">The mode of payment \u2013 net banking or debit card<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><a href=\"https:\/\/razorpay.com\/learn\/tan-number\/?__hstc=18565286.2f3f33a24b44870ec4a577029c49e44b.1631145600067.1631145600068.1631145600069.1&amp;__hssc=18565286.1.1631145600070&amp;__hsfp=188577082\"><span style=\"font-weight: 400;\">TAN number<\/span><\/a><span style=\"font-weight: 400;\"> and assessment year<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Address, email ID and contact number<\/span><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">5. Then enter the captcha code&gt;&gt; click on \u2018Proceed\u2019<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">6. Check and confirm the details to proceed<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">7. Complete the online payment through a debit card or net banking account<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">8. Once the transaction is processed&gt;&gt;a digital certificate is issued with the payment details, and CIN (challan identification number)<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"How_to_make_TDS_payments_in_30_seconds\"><\/span><b>How to make TDS payments in 30 seconds?\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">There\u2019s no denying that the above tedious processes of making TDS payments, both online &amp; offline cost businesses hundreds of hours every year. <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b><i>Not anymore. <\/i><\/b><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Here\u2019s how businesses can pay TDS hassle-free, in just 30 seconds on <a href=\"https:\/\/razorpay.com\/x\/tds-online-payment\/\">RazorpayX Online TDS Payment Tool<\/a>.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Select your TDS category, tax type, and assessment year<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Next, go ahead and enter your TAN and address<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Enter contact details &amp; amount details: surcharge, penalty<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Click Pay to finish. You\u2019ll receive the challan via the email provided.<\/span><\/li>\n<\/ul>\n<div style=\"width: 770px;\" class=\"wp-video\"><!--[if lt IE 9]><script>document.createElement('video');<\/script><![endif]-->\n<video class=\"wp-video-shortcode\" id=\"video-6544-1\" width=\"770\" height=\"770\" preload=\"metadata\" controls=\"controls\"><source type=\"video\/mp4\" src=\"https:\/\/razorpay.com\/blog-content\/uploads\/2021\/09\/TDS-Blog-Video-2.mp4?_=1\" \/><a href=\"https:\/\/razorpay.com\/blog-content\/uploads\/2021\/09\/TDS-Blog-Video-2.mp4\">https:\/\/razorpay.com\/blog-content\/uploads\/2021\/09\/TDS-Blog-Video-2.mp4<\/a><\/video><\/div>\n<p><span style=\"font-weight: 400;\">So, what are you waiting for? <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Make TDS payments online, completely FREE on RazorpayX and avoid late penalties. Pay via multiple payment options including credit card &amp; UPI.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\"><a style=\"border-radius: 3px; background: #528FF0; padding: 15px; font-weight: 600; cursor: pointer; text-decoration: none; color: white;\" href=\"https:\/\/x.razorpay.com\/auth\/signup\/?r=blog_cta_business_banking_blog_tds_challan_281&amp;utm_source=blog&amp;utm_medium=cta\" target=\"_blank\" rel=\"noopener noreferrer\">Pay TDS Now!<\/a><\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Due_dates_for_depositing_Challan_281\"><\/span><b>Due dates for depositing Challan 281<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The due dates for making TDS payments and filing <\/span><a href=\"https:\/\/razorpay.com\/payroll\/learn\/tds-returns\/\"><span style=\"font-weight: 400;\">TDS returns<\/span><\/a><span style=\"font-weight: 400;\"> are \u2013<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><b>Month in which income is generated<\/b><\/td>\n<td><b>TDS payment date\u00a0<\/b><\/td>\n<td><b>Due date of filing TDS return<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">April\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7<\/span><span style=\"font-weight: 400;\">th<\/span><span style=\"font-weight: 400;\"> May<\/span><\/td>\n<td><span style=\"font-weight: 400;\">31<\/span><span style=\"font-weight: 400;\">st<\/span><span style=\"font-weight: 400;\"> July\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">May\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7<\/span><span style=\"font-weight: 400;\">th<\/span><span style=\"font-weight: 400;\"> June<\/span><\/td>\n<td><span style=\"font-weight: 400;\">31<\/span><span style=\"font-weight: 400;\">st<\/span><span style=\"font-weight: 400;\"> July\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">June<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7<\/span><span style=\"font-weight: 400;\">th<\/span><span style=\"font-weight: 400;\"> July<\/span><\/td>\n<td><span style=\"font-weight: 400;\">31<\/span><span style=\"font-weight: 400;\">st<\/span><span style=\"font-weight: 400;\"> July\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">July<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7<\/span><span style=\"font-weight: 400;\">th<\/span><span style=\"font-weight: 400;\"> August<\/span><\/td>\n<td><span style=\"font-weight: 400;\">31<\/span><span style=\"font-weight: 400;\">st<\/span><span style=\"font-weight: 400;\"> October<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">August<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7<\/span><span style=\"font-weight: 400;\">th<\/span><span style=\"font-weight: 400;\"> September<\/span><\/td>\n<td><span style=\"font-weight: 400;\">31<\/span><span style=\"font-weight: 400;\">st<\/span><span style=\"font-weight: 400;\"> October<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">September\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7<\/span><span style=\"font-weight: 400;\">th<\/span><span style=\"font-weight: 400;\"> October<\/span><\/td>\n<td><span style=\"font-weight: 400;\">31<\/span><span style=\"font-weight: 400;\">st<\/span><span style=\"font-weight: 400;\"> October<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">October\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7<\/span><span style=\"font-weight: 400;\">th<\/span><span style=\"font-weight: 400;\"> November<\/span><\/td>\n<td><span style=\"font-weight: 400;\">31<\/span><span style=\"font-weight: 400;\">st<\/span><span style=\"font-weight: 400;\"> January\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">November\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7<\/span><span style=\"font-weight: 400;\">th<\/span><span style=\"font-weight: 400;\"> December<\/span><\/td>\n<td><span style=\"font-weight: 400;\">31<\/span><span style=\"font-weight: 400;\">st<\/span><span style=\"font-weight: 400;\"> January\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">December\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7<\/span><span style=\"font-weight: 400;\">th<\/span><span style=\"font-weight: 400;\"> January\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">31<\/span><span style=\"font-weight: 400;\">st<\/span><span style=\"font-weight: 400;\"> January\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">January\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7<\/span><span style=\"font-weight: 400;\">th<\/span><span style=\"font-weight: 400;\"> February\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">31<\/span><span style=\"font-weight: 400;\">st<\/span><span style=\"font-weight: 400;\"> May<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">February\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7<\/span><span style=\"font-weight: 400;\">th<\/span><span style=\"font-weight: 400;\"> March<\/span><\/td>\n<td><span style=\"font-weight: 400;\">31<\/span><span style=\"font-weight: 400;\">st<\/span><span style=\"font-weight: 400;\"> May<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">March\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">30<\/span><span style=\"font-weight: 400;\">th<\/span><span style=\"font-weight: 400;\"> April<\/span><\/td>\n<td><span style=\"font-weight: 400;\">31<\/span><span style=\"font-weight: 400;\">st<\/span><span style=\"font-weight: 400;\"> May<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Making TDS payments through Challan 281 is part of the legal framework that businesses need to remain compliant. Hence, it\u2019s important to ensure timely TDS payments to avoid hefty penalties. <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Automate tax payments for your business with RazorpayX and never miss another TDS Payment.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/p>\n<div style=\"text-align: center;\"><a style=\"border-radius: 3px; background: #528FF0; padding: 15px; font-weight: 600; cursor: pointer; text-decoration: none; color: white;\" href=\"https:\/\/x.razorpay.com\/auth\/signup\/?r=blog_cta_business_banking_blog_tds_challan_281&amp;utm_source=blog&amp;utm_medium=cta\" target=\"_blank\" rel=\"noopener noreferrer\">Automate Tax Payments for your Business!<\/a><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs\"><\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span>Frequently Asked Questions (FAQs)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div id=\"rank-math-rich-snippet-wrapper\"><div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-1\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">What are the penalties for late TDS payments? <\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Delay in TDS payments and filing TDS returns lead to penalties in the form of an additional interest payment.<br \/>\n-Delay in TDS deduction \u2013 1% of the TDS per month or part thereof<br \/>\n-Delay in depositing the deducted TDS \u2013 1.5% of the TDS per month or part thereof<br \/>\n-Delay in TDS return filing \u2013 Rs 200\/day subject to a maximum of the actual TDS amount. Moreover, if the delay is for a year and above, the penalty might range between Rs. 10,000 to Rs 1 lakh<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-2\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">How does a salaried individual know about their TDS Challan details?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>For a salaried individual, you can ask your employer to provide you with TDS Challan certificate. In other scenarios, you can visit website of the Income Tax department. Click on \u2018View Your Tax Credit\u2019, check Form 26AS.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-3\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">If your employer or payer does not pay challan for TDS, how it affects you as an employee?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>If your employer does not pay challan for TDS, you will not have to pay any penalties as an employee. It is entirely the responsibility of your employer or payer to pay challan for TDS on time. However, you pay your tax liabilities while filing annual returns. If your employer fails to pay challan for TDS, you will still be eligible for paying taxes.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-4\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">How to track TDS Challan 281 status using the CIN-based view option?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>1.Visit TIN-NSDL website and under the \u2018Services\u2019 tab click on \u2018OLTAS\u2019<br \/>\n2.Now, click on \u2018Challan Status Inquiry\u2019<br \/>\n3.Click on \u2018CIN Based View\u2019 under \u2018For Taxpayers\u2019 tab<br \/>\n4.Input the BSR code of the collecting bank branch, the challan tender date or date of cash or cheque deposit, the serial number of the challan and the aggregate amount as mentioned in the counterfoil<br \/>\n5.Enter the captcha code and click on \u2018View\u2019<br \/>\n6.Check the status displayed <\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-5\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">How to Track TDS Challan 281 status using the TAN based view option?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>1.Visit TIN-NSDL website, go to \u2018Services\u2019 tab and click on \u2018OLTAS\u2019<br \/>\n2.Next, click on \u2018Challan Status Inquiry\u2019<br \/>\n3.Click on \u2018TAN Based View\u2019 under \u2018For Taxpayers\u2019 tab<br \/>\n4.Input the TAN number, the challan tender date or the date of deposit<br \/>\n5.Provide the captcha code and click on \u2018View challan details\u2019 to check the status<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-6\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Can I file Challan 281 without a TAN number?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>No, as per section 203 of the Income Tax Act, 1961, you would need a TAN number for filing TDS returns using Challan 281.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-7\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Can the TDS liability be paid in cash?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes, the income tax department allows you to pay off the TDS liability in cash. Other modes of payment accepted by the income tax department include cheques, net banking, and debit card.<br \/>\nYou can pay TDS via credit card and UPI only on the RazorpayX TDS Payment tool.\u00a0<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-8\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Can I create a nil TDS challan 281?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes, you can create a nil TDS challan 281. To do so, enter \u20180\u2019 in the TDS amount column and leave the payment mode field blank.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Challan 281 is a document used to deposit TDS and TCS by corporate and non-corporate businesses.\u00a0Read on to understand everything about TDS Challan 281. <\/p>\n","protected":false},"author":102,"featured_media":6574,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[27],"tags":[331],"class_list":{"0":"post-6544","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business-banking","8":"tag-tds"},"_links":{"self":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/6544","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/users\/102"}],"replies":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/comments?post=6544"}],"version-history":[{"count":0,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/6544\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/media\/6574"}],"wp:attachment":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/media?parent=6544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/categories?post=6544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/tags?post=6544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}