e-Pay Tax is an online facility by the Income Tax Department of India allowing taxpayers to pay direct taxes like Advance Tax, Self-Assessment Tax, and more electronically, without visiting a bank.
The e-Pay Tax service is available to all taxpayers, including individuals, businesses, and companies that are required to pay direct taxes.
You can access it through the Income Tax Department’s official portal by logging into your account or using the âe-Pay Taxâ option on the homepage.
Get a Copy of Income Tax Rules, Click here
You can pay Advance Tax, Self-Assessment Tax, Regular Assessment Tax, Tax Deducted at Source (TDS), Tax Collected at Source (TCS), and other direct taxes.
Yes, you can pay taxes without logging in by using the “e-Pay Tax” option on the homepage, allowing you to make payments using basic details like PAN or TAN.
The payment methods include net banking, debit cards, credit cards, UPI, and RTGS/NEFT through authorized banks.
A Challan Identification Number (CIN) is generated after successful payment, serving as the receipt. It can be downloaded from the portal.
In case of payment failure, retry the payment after some time or use another payment method. If the amount is debited, it will be refunded by the bank.
A partially created Challan remains in the âSaved Draftsâ tab unless it is finally generated along with the Challan Reference Number (CRN). After generation of CRN, it moves to âGenerated Challanâ tab and is valid for 15 days after the date of generation of CRN. Taxpayer may initiate payment against the CRN within this validity period. If no payment is initiated in the said period, CRN will expire, and taxpayer will have to generate a fresh CRN for making the payment.
In case, Challan (CRN) is generated on or after 16th March for the payment of ‘Advance Tax’, then the valid till date is by default set as 31st March of that Financial Year.Q10. Is it possible to correct a payment if incorrect details are entered?
Get a Copy of Income Tax Rules, Click here
No, payments once made cannot be canceled or reversed through the portal. If there are any issues, you must consult with the tax department.
The Income Tax Department does not charge for using e-Pay Tax. However, banks may charge transaction fees depending on the method used (e.g., credit card, debit card etc).
Yes, you can pay taxes on behalf of another taxpayer by entering their PAN or TAN while completing the payment process.
Yes, part payments are allowed, but you must ensure that the entire liability is settled before the due date to avoid interest or penalties.
Presently, Axis Bank, Bandhan Bank, Bank of Baroda, Bank of India, Bank of Maharashtra, Canara Bank, Central Bank of India, City Union Bank, DCB Bank, Federal Bank, HDFC Bank, ICICI Bank, IDBI Bank, Indian Bank, Indian Overseas Bank ,IndusInd Bank, Jammu & Kashmir Bank, Karur Vysya Bank, Kotak Mahindra Bank, Punjab & Sind Bank, Punjab National Bank, RBL Bank, South Indian Bank, State Bank of India, UCO Bank & Union Bank of India have been enabled for making tax payment through the e-Filing portal.
All payments through Authorised Banks are required to be made through the e-Filing portal only.
Taxpayers can make payment through Non-Authorised Banks with NEFT/RTGS and Payment Gateway (Bank of Maharashtra, Canara Bank, Federal Bank, State Bank of India, HDFC bank & Kotak Bank offers this facility as of now) as the new modes of payment in e-Filing system.
Support our journalism by subscribing to Taxscan premium. Follow us on Telegram for quick updates