how to pay income tax online india | mytaxcafe help guide
TRANSCRIPT
How to pay income tax online?Mytaxcafe Help Guide
Learn how to pay income tax online at the government site
Step 1: Visit the government site at:
https://onlineservices.tin.egov-nsdl.com/etaxnew/tdsnontds.jsp
Step 2: Click on ‘CHALLAN NO./ ITNS 280’
Step 3: Select
‘(0021)INCOME TAX (OTHER THAN COMPANIES)’If an individual is paying his/her own Income Tax
Step 4:Enter your PAN number & Address details
Step 5: Select Assessment Year as 2014-15 If you are paying Income Tax on the income earned
in Financial Year 2013-14
How to know Assessment Year?
e.g.
If Financial
Year is
Is 2013-14
Assessment
Year will be
2014-15
Financial Year refers to the period in which the income is
earned.
Assessment year is the year immediately following financial
Year wherein the income of the financial year is assessed.
Step 6: Select ‘SELF-ASSESSMENT TAX’
Difference between Advance Tax & Self Assessment Tax
Payment of Income Tax can be done
Before the end
of Financial Year
After the end
of Financial Year
ADVANCE TAX SELF-ASSESSMENT TAX
Step 7: Select the bank through which you want to make
payment
Step 8: Click on ‘Proceed’
Step 9: Ensure PAN number and details are correct
Step 10: Click on ‘SUBMIT TO THE BANK ’ & make
payment for the tax due
After successful payment of income tax, an online
Challan/confirmation will be generated.
1. Save the copy of Challan and
2. Specifically note :
i. BSR Code,
ii. Amount of Income Tax,
iii. Challan No. and
iv. Challan Date
As these details will be required while efiling ITR .
Things to do after e-payment
HAVE ANY QUESTIONS ?
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