Para 15.5 — CAM

15.5 NUMBERING OF CHALLANS:

15.5.1 After the successful completion of a transaction, the concerned authorized bank will revert with a unique Challan Identification Number (CIN) against the CRN. This will be a unique 18-character alpha-numeric code containing 14-digit CRN generated by TIN 2.0 portal for the challan appended with the unique 4-Character IFSC code.

15.5.2 The CIN will be reported by the banks to the TIN 2.0 and PRAKALP on a real time basis, and to the RBI through luggage file. The CIN is an indicator of successful transaction and will be used as a key field for accounting and reconciliation by TIN 2.0, PRAKALP and the RBI.

15.5.3 After every successful e-payment transaction, there will be an instantaneous reverse flow of information through an electronic data string from the Authorized Bank to TIN 2.0 and PRAKALP, containing the following details:

a) Challan Identification Number (CIN) b) PAN / TAN c) Assessment Year d) Major & Minor Head e) Challan amount along with breakup f) Date of Payment (realization) g) Time of Payment (realization) h) Details of mode through which payment has been made i) Transaction hash j) Authentication details for the authorized bank

15.6 PROCEDURE TO BE FOLLOWED FOR DIRECT TAX PAYMENT THROUGH INTERNET BANKING OF AUTHORIZED BANKS

15.6.1 Taxpayer who wants to avail the facility of electronic payment generates challan through TIN 2.0 portal. Once internet banking mode is selected for payment, CRN is generated and taxpayer chooses his preferred bank amongst the list of authorized banks to make payment. After the successful completion of a transaction, the concerned authorized bank reverts with a unique Challan Identification Number (CIN) against the CRN. The CIN is reported by the banks to TIN 2.0 and PRAKALP on a real time basis, and to the RBI through electronic file/luggage file on IT platform.

15.6.2 Taxpayer has an option to pre-authorize debit of her bank account for payments at a later date by providing suitable payment instruction. In such cases, the challan is finalized with payment authorization completed; however, remittance takes place on dates as provided by the taxpayer. Only after debit of taxpayer’s account on each occasion, the CIN is generated and reported by banks to TIN 2.0 and PRAKALP on a real time basis, and to the RBI through luggage file.

15.6.3 The tax payer can also choose to pay direct taxes by using the debit card of the authorized banks under this mode.

What This Means

This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.

Key Points

• 1CIN is an 18-character code: 14-digit CRN + 4-character IFSC code of the authorized bank
• 2CIN is the unique identifier for every successful direct tax payment transaction
• 3Banks report CIN to TIN 2.0 and PRAKALP in real time, and to RBI through luggage files
• 4The electronic data string includes PAN/TAN, assessment year, heads of account, amount breakup, timestamp, and payment mode
• 5CIN is the key field for all accounting and reconciliation across TIN 2.0, PRAKALP, and RBI

Practical Example

This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.

Frequently Asked Questions

This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.