Oriental Bank of Commerce E Payment

Hi I am interested in having the information about the On-line charge accounting framework (OLTAS) offered by the Oriental Bank of Commerce?

The On-line charge accounting framework (OLTAS) for gathering, accounting and reporting of direct duties (List of Direct Taxes) is operational in 155 approved branches all over India.

For each assessment installment made by the citizen there ought to be a challan in the endorsed design. The challan configuration is a solitary duplicate challan with the principle challan at the top and the citizen's counterfoil at the base of the challan. A citizen can store charge by:

Cash or

Cheque of same branch or

Cheque /draft drawn on the same bank or another bank/branch at the same focus where the installment is made or

Installment by outstation checks/drafts can likewise be made at any approved bank.

Through Internet Banking.

Each challan will have a special distinguishing proof number called Challan Identification Number (CIN). This comprises of BSR code (Bank office code), Challan Tender Date (money/check store date) and Challan Serial Number. With the assistance of CIN, each installment will be interestingly recognized empowering online transmission of subtle elements of assessment installments by banks to the Income Tax office.

Charge Information Network (TIN), being built up by National Securities Depository Limited (NSDL), gives an office to the citizens to ask about the status of their challans over web. Citizens need to sign on through to see whether the challan for the duty installments is gotten by TIN. 'Your duty Data is transmitted around the same time by online expense gathering framework, Remember to quote PAN/TAN on Challans which is currently obligatory'

List of Direct Tax

• 0020 - Corporation Tax
• 0021 - Non corporation tax
• 0024 - Interest tax
• 0026 - Fringe benefit tax
• 0028 - Other tax on income and expenditure
• 0031 - Estate Duty
• 0032 - Wealth Tax
• 0033 - Gift Tax
• 0034 - security Transaction Tax
• 0036 - Banking Transaction Tax

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