What are the precautions that I should take while filling up the tax payment challan?

Clearly mention these details:

  • Head of payment e.g. Corporation Tax/Income Tax
  • Amount and mode of payment of tax
  • Type of payment [Advance tax/Self assessment/Regular/Tax on Dividend]
  • Assessment year
  • The unique identification number called PAN [Permanent Account Number] allotted by the IT Department.