Saturday, August 10, 2013

Pay Income Tax through online.

Pay direct taxes online through the e-tax payment system of the Income Tax Department. To avail of this facility, the taxpayer is required to have a net-banking account with the Authorized Banks. Get information about e-payment of taxes, bank contact details, authorised banks, procedure of e-Payment, challan for e-payment, etc. Users can select appropriate challan and pay TDS on property, tax deducted at source, tax collected at source, security transaction tax, hotel receipts tax, estate duty, interest tax, wealth tax, expenditure tax, other direct taxes, gift tax, etc.

What are the advantages of paying taxes online
  • Instant transfer of funds from your account.
  • You can pay taxes from any location at any time through your net-banking account.
  • What you write on the e-challan will be directly sent to Income Tax Department. Banks will not do any data entry.
  • You can save/print the challan copy and the receipt copy.
  • As soon as your Bank authorizes payment of the amount, youwill receive a clear, legible receipt/counterfoil from your Bank.
  • Transaction id of the e-payment transaction will be available to you in your bank statement.
  • You can check online if your money has actually reached the I-T Department.
The following Banks offer e-payment facility
  • Axis Bank
  • Oriental Bank of Commerce
  • State Bank of Patiala
  • Bank of Baroda
  • IDBI Bank
  • State Bank of Mysore
  • Bank of Maharashtra
  • State Bank of Hyderabad
  • State Bank of Saurashtra
  • Union Bank of India
  • Allahabad Bank
  • Dena Bank
  • Syndicate Bank
  • ICICI Bank
  • State Bank of India
  • Punjab National Bank
  • Indian Overseas Bank
  • Canara Bank
  • Indian Bank
  • Bank of India
  • Corporation Bank
  • State Bank of Bikaner & Jaipur
  • State Bank of Travancore
  • State Bank of Indore
  • Vijaya Bank
  • HDFC Bank
TAX ONLINE E-PAYMENT (CHALLAN 280 )
STEP 1:
Click/Visit the following link.
https://onlineservices.tin.nsdl.com/etaxnew/tdsnontds.jsp

 

Click on Challan No./ITNS 280
Now you will get the following screen.


STEP 2:
Fill the mandatory* fields.

1) (0020) COMPANY  DEDUCTEES: If you pay Tax for company, select (0020) INCOME-TAX ON COMPANIES(CORPORATION TAX)

OR

2) (0021) NON-COMPANY DEDUCTEES: If you pay Tax for Non-Company select (0021) INCOME-TAX (OTHER THAN  COMPANIES)

3) Select Assesment year:  Eg.If you pay Tax for FY 2012-13, select this filed as 2013-14. etc.... 
Enter PAN number.

4) Enter your city, PIN and select state...

 
5) Select type of Payment:

Select (100)ADVANCE TAX 
(If you pay Advance Tax, Select this option)

OR

Self Assessment Tax
(If you Pay Self Assessment Tax, Select this option)

6) Select your bank name. (You Must have net-banking facility, you can use other persons net-banking  account also)

7) Enter the characters you see in the picture above.

8) Click on "Proceed"

STEP 3:
Just verify your company/your name etc. If everything is correct then click on "submit to the bank" button. 



STEP 4:
Enter Net-banking UN & PW and follow next steps as per your banks requirements.

Check if your payment has reached the Income Tax Department at
https://tin.tin.nsdl.com/oltas/servlet/QueryTaxpayer


 

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