Equalization levy Challan ITNS 285
As per Finance Bill of 2016, Equalization levy is applicable for certain specified services related to digital domain wherein the amount of consideration exceeds a specified value (threshold prescribed by Income Tax Department).
Rules to The Finance Act, 2016 states that with effect from July 1, 2016, equalization levy @ 6% should be deducted by a resident or non-resident (having permanent establishment in India) on the amount of consideration paid or payable to the non-resident not having permanent establishment in India.
Online Challan No./ITNS 285 for making payment towards Equalization Levy
E-tax payment on subsequent date
Download Equalization levy Challan ITNS 285
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