How to pay advance income tax online in India : Want to Pay Advance Tax , wondering how to pay online. Please refer the below steps and you can make the payment online.Income Tax e-Payment facilitates payment of direct taxes online by taxpayers.
For Complete information Refer the PDF Guide: e- payment of Direct Taxes – Income Tax Department [ This is official Income Tax Department PDF Guide].Located in India Located outside India , Pay your income Taxes Online.For depositing Advance tax, Self Assessment tax, Tax on Regular Assessment you can do it online now by following the below steps. Advance Tax Due dates for companies are cab be paid in (4 equal instalments) 15th June, 15th Sep, 15th Dec, 15th March.
For Individuals/HUFs:(3 instalments) : When the estimated income tax to be paid is more than Rs.5000 then advance tax has to be paid:
30% of tax by 15th Sep, Another 30% by 15th Dec (Total 60%) Balance 40% by 15th March.(Total 100%). If the advance tax is not paid in time, then the assessee has to pay interest u/s 234c.
How to pay advance income tax online in India -Follow the steps as under to pay tax online:- [How to pay Income tax online in India through SBI ]
a) Log on to NSDL-TIN website (www.tin-nsdl.com) or OPEN https://onlineservices.tin.nsdl.com/etaxnew/tdsnontds.jsp
b) Click on the icon e-payment: pay taxes online.
c) Click on ‘Please Click Here’.
d) Select the required challan.
After selecting the required challan, you will be directed to the screen for entering the following data:-
a) PAN for non-TDS payments and TAN for TDS payments
b) Name and address of the taxpayer
c) Assessment Year
d) Major Head Code
e) Minor Head Code
f) Type of payment
g) Select the bank name from the drop down provided
In case of challan no. 280, 282 and 283 the Permanent Account Number (PAN) needs to be entered. In case of challan no. 281 Tax Deduction/Collection Account Number (TAN) needs to be entered. Please ensure that you enter PAN/TAN correctly, as this is extremely important for further processing. The system will check the validity of PAN/TAN. In case PAN/TAN is not available in the database of the Income Tax Department then you cannot proceed with the payment of tax.
After entering all the above detail, click on PROCEED button. TIN system will display the contents you have entered along with the “Name” appearing in the ITD database with respect the PAN/TAN entered by you.
You can now verify the details entered by you. In case you have made a mistake in data entry, click on “EDIT” to correct the same. If all the detail and name as per ITD is correct, click on “SUBMIT” button. You will be directed to the net-banking site provided by your bank.