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How to make online tax payment and what are its advantages to Taxpayee ?

There are many facility to make payment of Tax by online process, but due to non-awareness about net-banking every taxpayee feeling inconvenient with this.  Therefore the following instructions to make payment of Tax by online process from home/office, we hope these instructions may help to all Taxpayee.
  • Open a net-banking account with any of the banks listed above.
  • Go to website www.incometaxindia.gov.in , click on ‘pay taxes on-line’.
  • Fill in the required challan online. Help is available on screen as FAQ, downloads etc.
  • Make tax payment through net-banking account online.
  • A challan counterfoil will be available instantaneously on the screen with CIN (challan identification number). The Challan Identification Number (CIN) on this counterfoil should be quoted in Return of Income.
  • Print the counterfoil and also save it in the computer if required.
  • Check if your payment has reached the Income Tax Department at https://tin.tin.nsdl.com/oltas/servlet/QueryTaxpayer.
The advantages of online paying taxes:
  • You can pay taxes from any location at any time through your net-banking account.
  • Instant transfer of funds from your account.
  • What you write on the e-challan will be directly sent to Income Tax Department. Banks will not do any data entry.
  • You can save/print the challan copy and the receipt copy.
  • As soon as your Bank authorizes payment of the amount, you will receive a clear, legible receipt/counterfoil from your Bank.
  • Transaction id of the e-payment transaction will be available to you in your bank statement.
  • You can check online if your money has actually reached the I-T Department. For this you have to go to Tax Information Network Website: https://tin.tin.nsdl.com/oltas/index.html and click the box
The facility is available about how to view Tax Credit Statement/Form 26AS  View Demo