e-Pay Tax Facility: All You Need To Know

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e-Pay Tax facility

This is a facility where one can pay the tax payments from home. It is done by using net banking, debit/credit cards, UPI, NEFT/RTGS, or other payment gateways.

e-Pay Tax facility

Eligibility

As per the income tax rules, electronic payment of taxes is mandatory for all corporate taxpayers and for businesses covered under Section 44AB.

Eligibility Criterion

Documents/IDs Needed

The documents needed are PAN number and active Aadhaar-linked mobile number. One should also have an account i a bank authorised to process tax payments.

IDs

Steps To use e-Pay Tax facility

The first step is to visit the official website of the Income Tax Department and find an option that says ‘e-Pay Tax’ under the ‘Quick Links’ section. After this one needs to enter the PAN and mobile number linked to Aadhaar. 

e-Pay Tax facility

Steps

After entering the PAN number, one must fill in the OTP and select the type of payment and the assessment year. Then tax mount should be filled on the basis of calculations. Then payment mode is selected.

Steps

Steps Continued

Then, one should preview the challan and submit the payment to the bank. Then, one gets a receipt with the BSR code and Challan number. 

Tax

How To Proceed When One Is Logged In

If an individual is logged in, one should log in to the Income Tax e-filing portal with PAN and password and then go to e-file, ePay Tax option and follow steps discussed earlier. 

How To Proceed When One Is Logged In

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