How to Pay Income Tax Online | Online Income Tax Payment | Income Tax Payment

Deepak Gupta | Jul 19, 2018 |

How to Pay Income Tax Online | Online Income Tax Payment | Income Tax Payment

How to Pay Income Tax Online | Online Income Tax Payment | Income Tax Payment Online |Direct Tax Online Payment Procedure

Paying taxes are viewed as time-consuming and complicated by most of the persons who are not from the taxation field. Many of Income Tax Assessee don’t know how to pay Income Tax Online. Therefore on the Request of ManyIncome Tax Assessee we have prepared this article where we have shown Step by Step process of how to Pay Income Tax Online.

Step-1

To pay taxes online, login to http://www.tin-nsdl.com > Services > e-payment : Pay Taxes Online or. Provide proper link of e-payment

Step-2

Select applicable challan
Select the relevant challan i.e. ITNS 280, ITNS 281, ITNS 282, ITNS 283, ITNS 284 or Form 26 QB demand payment (only for TDS on sale of property) as applicable.

Challan No.Purpose
Form 26QC(Payment of TDS on Rent of Property)
Demand Payment for Form 26QC(Payment against CPC (TDS) raised demand (only for TDS on Rent of Property)
CHALLAN NO./ITNS 287(Payment under Pradhan Mantri Garib Kalyan Yojana, 2016 (PMGKY))
CHALLAN NO./ITNS 286(Payment under Income Declaration Scheme, 2016)
CHALLAN NO./ITNS 285(Payment of Equalization Levy)
Form 26QB(Payment of TDS on Sale of Property)
Demand Payment for Form 26QB(Payment against CPC (TDS) raised demand (only for TDS on Sale of Property)
CHALLAN NO./ITNS 281(Tax Deducted at Source / Tax Collected at Source (TDS/TCS) from corporates or non-corporates)
CHALLAN NO./ITNS 280(Payment of Income tax & Corporation Tax)
CHALLAN NO./ITNS 282(Payment of Securities Transaction Tax, Hotel Receipts Tax, Estate Duty, Interest Tax, Wealth Tax, Expenditure Tax /Other direct taxes & Gift tax)
CHALLAN NO./ITNS 283(Payment of Banking Cash Transaction Tax and Fringe Benefits Tax)

How to Pay Income Tax Online | Online Income Tax Payment | Income Tax Payment

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 andthe bank through which payment is to be made etc.
For individuals paying tax:

  • Select (0021) Income Tax (Other than Companies)
  • Enter your PAN details
  • Select relevant Assessment Year (AY). For the period 1st April 2018 31st March 2019 the relevant AY is 2019-20.
  • Enter your complete address
  • Type of Payment must be selected correctly.

i) For Advance Tax select (100) Advance Taxii) For Self Assessment Tax select (300) Self Assessment Taxiii) For Regular Assessment Tax select (400) Tax on Regular Assessment

  • Select the mode of payment you wish to choose. There are two modes of payment available Net banking or Debit Card.
  • Enter Captcha correctly in the space
  • Click on Proceed

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 challan 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.

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