www.incometaxindia.gov.in Income Tax Department : How do make online tax payment Online sitting at home

[ijt.dolora@gmail.com]

INCOME TAX DEPARTMENT
Department of Revenue ,
Ministry of Finance,
Government of India

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Type of Facility : Online Tax Payment sitting at home/office

How do make online tax payment sitting at home/office?

Step 1 : Open a net-banking account with any of the banks listed above.
Step 2 : Go to website www.incometaxindia.gov.in , click on ‘pay taxes on-line’.
Step 3 : Fill in the required challan online. Help is available on screen as FAQ, downloads etc.
Step 4 : Make tax payment through net-banking account online.
Step 5 : A challan counterfoil will be available instantaneously on the screen with CIN (challan identification number). The Challan Identification Number (CIN) on this counterfoil should be quoted in Return of Income.
Step 6 : Print the counterfoil and also save it in the computer if required.
Step 7 : Check if your payment has reached the Income Tax Department at https://tin.tin.nsdl.com/oltas/servlet/QueryTaxpayer .

Advantages of paying Taxes Online :
1. You can pay taxes from any location at any time through your net-banking account.
2. Instant transfer of funds from your account.
3. What you write on the e-challan will be directly sent to Income Tax Department. Banks will not do any data entry.
4. You can save/print the challan copy and the receipt copy.
5. As soon as your Bank authorizes payment of the amount, you will receive a clear, legible receipt/counterfoil from your Bank.
6. Transaction id of the e-payment transaction will be available to you in your bank statement.
7. You can check online if your money has actually reached the I-T Department. For this you have to go to Tax Information Network Website: https://tin.tin.nsdl.com/oltas/index.html and click the box CIN Based View

[Unregistered]

What is the new procedure for payment of direct taxes at banks?

If you are paying taxes in cash at any designated bank branch or by cheque at the bank branch where you have a bank account, the bank will accept your cash/cheque and will immediately stamp the counterfoil of the challan with a rubber stamp containing the CIN.

If however, you are paying taxes by cheque/draft at a bank branch other than where you have a bank account, the collecting bank branch will accept your cheque/draft and issue you a paper token in acknowledgement. When you present this token after encashment of the cheque, the bank will hand over the acknowledgement counterfoil duly stamped with the CIN.