Para 15.7.4 — CAM
Original Rule Text
15.7.4 Challan tendered at the counter of any branch of an authorized bank,: a) The tax payer can then approach any branch of that selected bank to make payment through the OTC mode, along with the printed copy of challan form bearing the CRN and the instrument or cash. b) There is a linkage between the TIN 2.0 and the Core Banking Solution (CBS) of the authorized banks/RBI whereby the details of challan is shared by the TIN 2.0 system with the CBS of the bank selected by the tax payer to facilitate the cashier / teller to verify the details of the challan submitted by the taxpayer. c) The cashier / teller verifies the details of challan, payment instrument and amount provided by the taxpayer with those displayed in the bank’s system and should accept the receipt only when no discrepancy is found. d) The taxpayer may make payment by cash or instruments drawn on the same bank or on any other bank, including outstation cheque/DD.