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 How to Pay Income Tax Online in Advance ??

Payment of Advance tax means payment of anticipated tax on our total expected income before the end of financial year itself ie. 31st March of the financial year. Advance tax payment within due dates is required by Income Tax Act. Non payment of advance tax on due dates brings in a penal charge in the form of interest @ 1% on outstanding tax amount. Payment of tax in advance within the financial year saves us from this extra burden of 1% interest.

Due dates for Advance Tax payment
How to Calculate Advance Tax payable?

Step by step process to pay Advance Income Tax online/e-payment of advance tax:

Important: Make sure that you enter correct Assessment Year

  • Step 1- Go on to the following link.  

  • Step 2- Following window will appear:

  • Step 3-   Now Select Challan No./ ITNS 280.   Following form will appear....

  • Step 4-    Follow the process:  
    1. Fill the above form carefully. 
    2. Select Income Tax other than Companies.
    3. Relevant Assessment Year for Financial Year 2013-14 will be 2014-15
    4. Type of payment will be Advance Tax.
    5. Select your bank for online payment.  
    6. Enter the captcha code.
  • Step 5-  Now after submission of above form, a confirmation screen will appear showing your name as appears on your PAN card. Check the details and now on confirmation it will take you to your bank's online website. Following screen will appear:

  • Step 6-  
    1. Here it will ask you to fill the details of your tax payment. Fill the entire amount of payment against Income Tax as shown above.
    2. Make the required payment as any other online payment is made.
    3. On payment a receipt of payment (Tax Payment Challan as shown) will appear.
    4. Take print /save the same.
    5. Challan No., Date of Payment and BSR Code of the bank will be filled in Income Tax Return.

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