Each tax payment that you make at the bank must be accompanied by the correct Challan. The bank gives you the counterfoil (stub) and keeps the rest of the Challan. Keep the counterfoil for your records because it has the Challan Identifiction Number that uniquely identifies your tax payment.
Go to the India Income Tax Department website at incometaxindia.gov.in to print Challans.
The person who is depositing money
When writing to your bank manager about lost challan always be polite, state the facts clearly and say precisely what it is you want the bank to do. Don't be tempted to be rude and aggressive however much you think the bank deserves it.
cin means challan indentification number
Income Tax Department's initiative to receive information and maintain records of tax paid through banks through online upload of challan details is named as OLTAS (Online Tax Accounting System). The collecting bank branch will put a rubber stamp on the challan and its counterfoil indicating a unique Challan Identification Number (CIN) comprising of seven digit BSR Code allotted by RBI to that bank branch, the date of deposit (dd/ mm/ yy i.e. six digits), and the challan serial number in 5 digits. CIN will, therefore, be unique for each challan through out the country and will be used for identifying the challan in the OLTAS. BASIC STATASTICAL RETURNS (BSR)
=Income Tax Department's initiative to receive information and maintain records of tax paid through banks through online upload of challan details is named as OLTAS (Online Tax Accounting System).==The collecting bank branch will put a rubber stamp on the challan and its counterfoil indicating a unique Challan Identification Number (CIN) comprising of seven digit BSR Code allotted by RBI to that bank branch, the date of deposit (dd/ mm/ yy i.e. six digits), and the challan serial number in 5 digits. CIN will, therefore, be unique for each challan through out the country and will be used for identifying the challan in the OLTAS.==BASIC STATASTICAL RETURNS (BSR)=
8 am to 8 pm
Bank Name A/C UPTT Bank name means "in which bank you are depositing tax
ID and $5000.
Pay-In-Slip is a bank record which he customer has to fill in before depositing the cash into bank .It is a source document .
paid 500/- by challan in the bank and obtain duplicate s.b.from hod
Float is the delay time between depositing a check and the time the funds are available for use. The bank and their depositing customer may have different float periods: when does the customer have use of the funds vs. when does the bank have use of the funds.
Debit Bank account xxxx Credit Capital account xxxx