Challan 282 for securities and other specified taxes requires PAN, separate challans, itemised payment details and bank acknowledgement. Challan 282 sets out the payment process for specified taxes, requiring mandatory PAN, payer identification, assessment year, payment type, and an ... Summary
Challan 282 for securities and other specified taxes requires PAN, separate challans, itemised payment details and bank acknowledgement.
Challan 282 sets out the payment process for specified taxes, requiring mandatory PAN, payer identification, assessment year, payment type, and an itemised amount breakdown. A separate challan is required for each tax type; the form must not be used for TDS deposits. Banking acknowledgements must include the seven-digit BSR code, deposit date and challan serial number. The challan contains procedural instructions for cheque/DD payments, guidance for securities market participants, and a penalty warning for quoting a false PAN.
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