
With the growing taxpayers in India and with the growth of young generation filing income tax returns religiously with DIY method, it is a constant question in young taxpayers that
Basically in India, income tax needs to be filed compulsorily through an online way. However the income tax payment can be paid in any of the following two methods:
Provide them the challan and cheque in the name of “TO INCOME TAX ACCOUNT – NAME” Replace word name with the taxpayers name written in tax challan with you. Banker will give you a acknowledgment of paid challan once he checks everything. Now after 3 to 4 working days , you need to again visit the branch and take an acknowledgement of challan having valid challan no on it. This challan no you need to use it in your income tax return.
5. If you are paying self assessment tax or advance tax through Challan No 280. Then you need to enter following details in the challan
iv. Once you proceed the system auto generates your name as per PAN and tells you to confirm the same.
Here you need to check whole form once and everything found correct then tick the box and CLICK SUBMIT TO BANK
v. Then you would be logged into your banks netbanking where you should enter your credentials and pay the same.
vi. Post successful payment a Acknowledgment Challan would be generated having a Challan no. which can be used in ITR Filing