Payment of application fee under section 264 of Income Tax Act

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....ayment of application fee under section 264 of Income Tax Act<br> Query (Issue) Started By: - Bhag Chand Jain Dated:- 14-3-2026 Last Reply Date:- 16-3-2026 Income Tax<br>Got 2 Replies<br>Income Tax<br>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 challa....

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....n 280. Can you confirm amount of fee? I understand that it is to be filed in physical form only. Thanks bc jain Reply By YAGAY andSUN: The Reply: With reference to the proposed filing of a revision application under Section 264 of the Income-tax Act, 1961, kindly note the following: • Prescribed Fee As per the provisions of the Act read with the applicable rules, ....

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....a revision application under Section 264 is required to be accompanied by a fee of Rs. 250 per application. In case the revision pertains to more than one assessment year, the prescribed fee shall be payable separately for each assessment year. • Mode of Payment The application fee may be remitted through Challan No. ITNS 280. • Challan Details The challan may be ....

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....filled as under: • Major Head: 0021 - Income-tax (Other than Companies) (or 0020 - Corporation Tax, as applicable) • Minor Head: 300 - Self Assessment Tax • Amount: Rs. 250 to be entered in the "Others" column. Since the challan structure does not provide a specific minor head for revision application fees, the above combination is generally adopted in pra....

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....ctice. • Submission of Application The revision petition under Section 264 is ordinarily required to be filed in physical form before the jurisdictional Principal Commissioner/Commissioner of Income-tax, along with: • Proof of payment of the prescribed fee (challan copy), • Copy of the order/intimation sought to be revised, • Statement of fac....

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....ts and grounds of revision, and • Relevant supporting documents. Kindly ensure that the challan payment details (CIN) are enclosed with the application at the time of submission. Reply By Bhag Chand Jain: The Reply: Thanks for Reply<br> Discussion Forum - Knowledge Sharing ....