Visit Income Tax Department portal www.incometax.gov.in

Earlier, the Income Tax payers or the Income Tax Deductors (TDS)/Collectors (TCS) were paying taxes through NSDL portal. Now the Income Tax Department has come out with a new feature to pay Income Tax, TDS, TCS, etc., through its website https://www.incometax.gov.in  under e-Pay Tax tab.

All the tax-payers who have PAN or the Tax Deductor/Collectors who have their TAN have to necessarily register in the above portal for receiving the Tax /TDS/TCS paid challans. Henceforth, tax paid challans will be directly sent to the email ID registered in the Income Tax portal by Income Tax Department. Tax-payer or the TAX Deductor, including the Government offices, who pay TDS/TCS across the bank counter shall have to prepare challan with Customer Reference Number (CRN) which will be valid for 15 days from the date of generation of the challan.

The stakeholders including the Government offices, who pay TDS/TCS statement through bank shall validate their TDS / TCS Quarterly statements by downloading the Challan Status Inquiry (csi) file from the Income Tax website upon registration.

Axis Bank, Bank of India, Bank of Maharashtra, Canara Bank, Central Bank of India, Federal Bank, ICICI Bank, Indian Bank, Indian Overseas Bank, Karur Vysya Bank and Kotak Mahindra Bank are enabled to receive the taxes through income tax portal as on today. Further, many more banks are likely to be added in future.

The tax payment can be made either in Net Banking, Debit Card, Pay at Bank Counter, RTGS/NEFT mode.

For more information and procedure, it is suggested to visit the Income Tax Department portal www.incometax.gov.in

– N.D. Shreenivaas,Bhavani Associates, Mysuru