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Pay Income Tax online​

Pay Tax online - Payment of income Tax i easy

 Estimation  of  your Income Tax liability in simple steps  explained  on this page 

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 First know your income  tax liability  and  the due dates  of income tax payable  . To assist  you in this regard   , 
we have following aRTICLES

 1. TAX RATES/SLABS FOR FY 2021-22   CLICK HERE    

 2.   TAX REBATES FOR FY 2021-22   CLICK HERE     

  3:   CALCULATE YOUR INCOME TAX/ADVANCE TAX FOR FY 2021-22
                      :                    READ THIS PART BELOW 

Once you have decided to make payment of income tax ,    read the following section  : 
        

PAY ADVANCE TAX ONLINE

HOW TO PAY  ADVANCE TAX  /  INCOME TAX  ONLINE   USING NEW  INCOME TAX E-FILING WEBSITE ?   

1. GO  TO NEW  INCOME TAX E-FILING WEBSITE    and click on " e-pay Tax "   in the left hand bar    . You will  be  taken to
" e-payment  of taxes  " page of  Tax Information net work . 

2. Select  CHALLAN NO./ITNS 280 and proceed 

( Or  simply click  here to directly go to the challan   280   )   

In the challan     fill up   the following details : 

1 . Click 0021  for income Tax  for tax applicable 

2. Select      one of the type of the payment you are going to make : 

(100) Advance Tax
(102) Surtax
(106) Tax on Distributed Profit
(107) Tax on Distributed Income
(110) Secondary Adjustment Tax
(111) Accretion Tax
(300) Self Assessment Tax
(400) Tax on Regular Assessment     

3. You can make payment either  using internet banking    of  banks  or using Debit cards of  selected banks . 

Internet banking : 

1. Axis Bank 
2. Bank of Baroda 
3. Bank of India 
4.Bank of Maharashtra 
5. Canara Bank 
6. Central bank of India 
7. HDFC Bank 
8. ICICI Bank 
9. IDBI Bank 
10. Indian Bank 
11. Indian Overseas Bank 
12. Jammu & Kashmir Bank 
13 . Punjab & Sind Bank 
14. Punjab National bank 
15 . state Bank of India
16 . UCO Bank 
17. Union Bank of India 

DEBIT CARDS    OF 

1. Bank of Baroda 
2. Canara Bank 
3. HDFC Bank 
4. ICICI Bnak 
​5. Indian Bank 
6. Punjab National Bank 
7.  State Bank of India 
​
4. Now fill your Permanent Account Number ( PAN )  and Assessment year 

5. Fill your  complete  Address   along with e-mail address and phone  number 

​6 .  Enter CAPTCHA    and proceed. 

7. In the next screen , you will be shown the details you have filled in and  you will be asked to confirm . 

8. After confirming you may submit the challan to the bank   . 

9. You may login and  make the tax payment you want to make 
  

HOW TO E-PAY INCOME TAX   THROUGH NSDL WEBSITE ? 

Procedure for e-payment of Income Tax    : 

Step-1
To pay taxes online, login to NSDL WEBSITE : 

Step-2
Select the relevant challan i.e. ITNS 280  and proceed 

Step-3
Enter PAN / TAN (as applicable) and other mandatory challan details like accounting head under which payment is made, address of the tax payer and the bank through which payment is to be made etc.

Step-4
On submission of data entered, a confirmation screen will be displayed. If PAN / TAN is valid as per the ITD PAN / TAN master, then the full name of the taxpayer as per the master will be displayed on the confirmation screen.

Step-5
On confirmation of the data so entered, the taxpayer will be directed to the net-banking site of the bank.

Step-6
The taxpayer has to login to the net-banking site with the user id / password provided by the bank for net-banking purpose and enter payment details at the bank site.

Step-7
On successful payment a challange counterfoil will be displayed containing CIN, payment details and bank name through which e-payment has been made. This counterfoil is proof of payment being made.

ADVANCE TAX CALCULATOR

Under Section 208 of Income-tax Act, every assessee is required to pay advance tax if the tax liability for the previous year exceeds ten thousand Rupees. The Tax payable during the financial year itself is called Advance Tax .For individuals  with salary as sole source of income ,TDS  is to deducted by the employer during disbursal of salary and hence question of paying advance tax separately may not arise.   One has to include  the income from interest , capital gain ,  rent etc   while calculating advance tax payment . 

For calculating Advance tax Payable , CLICK HERE

DUE DATE SCHEDULE FOR BOTH INDIVIDUALS AND  CORPORATES 

ADVANCE TAX DUE DATES

DUE DATE	ADVANCE TAX PAYABLE
Before 15th June  22	15% of advance tax
​Before 15th Sept 22	​45% of advance tax
​Before 15th Dec  22	​75% of advance tax
​Before 15th March 2023	​100 % of advance tax

Advance Tax for Senior Citizens

A Resident senior Citizen is exempted  for paying advance tax  ,if he has  no income from business or profession .He can discharge his tax liability  by paying self assessment tax . 

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Income  Tax returns can be filed on line . For   further details visit IT RETURNS  Page 

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THIS ARTICLE CARRIES INFORMATION ON VARIOUS TAX  PROVISIONS  WHICH ARE GENERALLY  USEFUL .YET IT DOES NOT CARRY ALL THE PROVISIONS  AND HENCE YOU ARE  ADVISED TO GO THROUGH INCOME TAX DEPARTMENT WEBSITES  FOR AUTHENTIC COMPLETE INFORMATION , ESPECIALLY FOR THOSE WHO HAVE GOT MULTIPLE STREAMS OF INCOME  OR COMPLEX INVESTMENTS . YOU MAY ALSO CONSULT A QUALIFIED TAX CONSULTANT / CHARTERED  ACCOUNTANT  FOR ANY  CLARIFICATION. READERS ARE ALSO WELCOME TO SEND FEEDBACK  , FORM AVAILABLE BELOW . WE   ARE OPEN FOR CORRECTION  IF  NEEDED