Income Tax New Feature: Filing Income Tax Returns become easier for taxpayers! The Income Tax Department has introduced a new ‘e-Pay Tax’ feature on its official e-filing portal. This functionality enables taxpayers to pay their direct taxes online conveniently, without the need to log in to the portal or visit a bank physically. The ‘e-Pay Tax’ feature is designed to remove the hassles of traditional tax payment methods and is available to both registered and unregistered users.
E-pay Tax Feature: When To Use
The new feature can be used in various scenarios, making tax payments more convenient and efficient. It allows users to pay advance tax and self-assessment tax after calculating their total tax liability. The service also facilitates the payment of regular assessment tax in response to a notice from the Income Tax Department. Adding further, deductors or collectors can use it to deposit TDS/TCS, and taxpayers can pay any applicable penalties, interest, or late fees through this digital platform.
E-pay Tax Feature: How To Use It
Step 1: Visit the official Income Tax e-filing website and click on the ‘e-Pay Tax’ link under the Quick Links section.
Step 2: Enter your PAN twice along with your Aadhaar-linked mobile number.
Step 3: Verify your identity by entering the 6-digit OTP sent to your mobile phone.
Step 4: Confirm your details—your PAN and name will be displayed in a redacted format for verification.
Step 5: Select the purpose of payment, such as Income Tax, Demand Payment, Equalisation Levy/STT/CTT, or Fees/Other Payments.
Step 6: Choose the financial year and appropriate tax head, then enter the tax amount to be paid.
Step 7: Select your payment mode and bank, review all details on the preview page, and click ‘Pay Now’ to complete the transaction.
#Income #Tax #Pay #Taxes #Clicks #ePay #Tax #Feature #Heres #Personal #Finance #News
