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explain the procedure of tax payment and filing of return of income


arunkumarj545 15th Feb, 2022
Answer (1)
Nisha 19th Feb, 2022

hey there

Procedure of tax payment

  • Step 1 - Login: Visit the official the income tax department (TIN NSDL website).
  • Step 2 - E-payment: Click on the ‘e-payment’ section.
  • Step 3 - Challan number 280: Click ‘Challan 280’ for paying your due income taxes.
  • Step 4 - Form Fill up: Fill the form with all the necessary details, such as Permanent Account Number, assessment year, name, address, contact number and email id.
  • Step 5 - Type of Tax: You need to then choose the kind of tax applicable, which is generally advance tax or tax on regular assessment. In your case, you need to select ‘tax on regular assessment’ since you may have already received an intimation to pay additional taxes from the Income Tax Department.
  • Step 6 - Bank: Select the bank which you wish to pay the due income taxes through.
  • Step 7 - Online Payment: Click the ‘proceed’ button to be directed to the online payment portal.
  • Step 8 - Payment Gateway: Most banks payment gateways are different and will have several options for mode of online payment. So, complete the payment accordingly.
  • Step 9 - Receipt of payment: A receipt will be instantly generated. You need to keep this receipt carefully in the form of a soft copy for later reference and communication with the department.

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