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We are a corporate and have to pay Advance Tax for Assessment Year 2005-06. Which Challan should we use?

April 26, 2017assessment challan corporate pay tax year

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We are a corporate and have to pay Advance Tax for Assessment Year 2005-06. Which Challan should we use?

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Ans. You should use Challan ITNS 280 and tick the tax 0020 Corporation Tax. As you are paying Advance tax for the Assessment year 2005-06, write this in the space provided in the Challan and then tick the box Advance Tax (100) under Type of Payment.