Income Tax: Now Pay Tax using UPI, Credit Card, RTGS and NEFT

The e-filing portal of the Income Tax Department has enabled the e-Pay Tax service with wider payment options including RTGS/NEFT and Payment Gateway modes. This means that the income tax e-Filing website now offers e-Pay Tax service with wide range of modes for payment of taxes including Net Banking, Debit card, Pay at Bank Counter (Over the Counter), RTGS/NEFT and Payment Gateway (with sub-payment modes as Net Banking, Debit Card, Credit Card and UPI). It may be noted that currently the online payment could be made only through net banking of bank account.

It may be noted here that under RTGS/NEFT mode, payment of taxes can be made through any bank that offers this service. Tax payment through Protean website [NSDL] is also available to taxpayers as per the existing process. Taxpayers are required to make the tax payment within 15 days from generation of challan (i.e. 15 Days from the date of CRN generation).

In case of Advance Tax, the taxpayers need to make the payment within 15 Days from the date of CRN generation or 31st March of Current Financial Year, whichever is earlier.

For ready reference the relevant snaps on the tax portal are as under:

How to Pay Tax Online​​

Step-1

To pay taxes online, login to http://www.tin-nsdl.com > Services > e-payment : Pay Taxes Online or click here on the tab “e-pay taxes” provided on the said website. Provide proper link of e-payment

Step-2

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.

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 and the bank through which payment is to be made etc.

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. Now facility to make payment through RTGS/NEFT and Payment Gateway (with sub-payment modes as Net Banking, Debit Card, Credit Card and UPI) has also been allowed.

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. As an alternative payment can also be made through other options as given above.

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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