Payment of application fee under section 264 of Income Tax Act

[Bhag Chand Jain]

I want to file an application under section 264 of the Income Tax Act. Please let me know how to pay application fee towards this application.

I am not finding suitable Major Minor heads in challan 280.

Can you confirm amount of fee?

I understand that it is to be filed in physical form only.

Thanks

bc jain

AI Summary

Revision application fee under Section 264 must be paid via Challan 280 and proof enclosed with filing.
Application under Section 264 requires a prescribed fee of Rs. 250 per application, payable separately for each assessment year; payment is made via Challan No. ITNS 280 using Major Head 0021 (or 0020), Minor Head 300 with the amount entered under "Others". The physical revision petition must include the challan copy as proof of payment, the order/intimation sought to be revised, a statement of facts and grounds, relevant supporting documents, and the challan identification (CIN).