TAX E-PAYMENT PROCEDURES AND ADVANTAGES:

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What are the 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.
Tax E-Payment Procedure
1. To pay taxes online the taxpayer will select the relevant challan i.e.
ITNS 280, ITNS 281, ITNS 282 or ITNS 283, as applicable.
2. Enter its PAN / TAN as applicable. There will be an online check on
the validity of the PAN / TAN entered.
3. If PAN/ TAN is valid the taxpayer will be allowed to fill up other
challan details like accounting head under which payment is made,
name and address of TAN and also select the bank through which
payment is to be made, etc.
4. On submission of data entered a confirmation screen will be
displayed. If the taxpayer confirms the data entered in the challan, it
will be directed to the net-banking site of the bank.
5. The taxpayer will 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.
6. 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.
How do I make online tax payment sitting at home/office?
1. Open a net-banking account with any of the banks listed above.
2. Go to website www.incometaxindia.gov.in ,
click on Tax Information and Services
> Tax Services
> Tax Payment
> Pay Tax Online;.
3. Fill in the required challan online. Help is available on screen as FAQ,
downloads etc.
4. Make tax payment through net-banking account online.
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.
6. Print the counterfoil and also save it in the computer if required.
7. Check if your payment has reached the Income Tax Department at
https://tin.tin.nsdl.com/oltas/servlet/QueryTaxpayer

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