How to Pay Income Tax Online? Online Income Tax Payment Guide

Online Income Tax Payment Filing

Income Tax Payment is a duty of every citizen who is liable to pay this tax. All taxpayers can pay Advance tax, Regular Assessment and Self-Assessment online. This post guides you to make online income tax payment. Complete procedure of IT payment is given for best convenience of taxpayers. Our site is a great guide for income tax payers and collecting banks. Income tax payment is made using Challan ITNS 280. We have shared here a link to TIN NSDL webpage. Paying taxes and filing the return are no more tedious procedures. With the help of guidelines shared here, you can pay your taxes easily. You can carry out IT payments from the convenience of your home or office. Even, you can check your income tax refund status (ITR) in case if you have applied for the same online.

income tax payment online


Unless your tax liability is zero, you will not be able to file a return. If you are looking to track your income tax refund status, we have provided a complete guide for it. Due income tax must be paid online to file for the return. Income tax or TDS is paid using Challan 280, 281 and 282. If you will pay your tax after 31st March, you will have to pay interest too. Follow the complete step by step details given below to make online income tax payment.  After you have made the tax payment, you need to report this information in your Income Tax Return.

How to Make your Income Tax Payment Online?

Once you go through below steps, you will be able to make IT payment online. Let’s dive into a simple process of online income tax payment for job person, businessman and self-employed person.

online income tax payment

STEP I

  1. Click here to reach the Tax Information Network for e-payment.
  2. Select the option of Challan No. /ITNS 280 (payment of income tax and corporation tax)
  3. Enter your PAN Card number.
  4. Choose the Assessment year from the drop down menu.
  5. If you are an individual, select the button of 0021. In the case of company or firm, select 0020 option for corporation tax.
  6. Enter all the necessary details in all the text boxes as required. You will be entering your full name, address, and contact details.
  7. Select type of payment (refer point no. 6).
  8. Select Self-Assessment Tax (300) option if the financial year for which you are paying tax is already ended. If the year is running currently, choose the (100) Advance tax option.
  9. Select the option of Tax on Regular Assessment (400), when the demand for payment is raised by IT department.
  10. Click on Proceed button after completing the form.

STEP – II

After the proceeding, you will get the Net Banking Page. Check and confirm all the details you have typed. Now, fill up the income tax payment amount. Enter the income tax to be paid in the relevant field. Leave the boxes of education cess, interest, surcharge, and penalty blank. You will be paying interest if you are making payment after due date.

STEP – III

Your Challan 280 form will be ready on the screen now. You will see your counterfoil at the left bottom of this page. The BSR code and the challan serial number will be shown on the right side of the page.

Take a print out of the Challan ITNS 280. You can check statement of your IT payment at Form 26AS. This should conclude an online income tax payment procedure. However, there is something more to it.

pay income tax online

How to Check Online Income Tax Payment at Form 26AS

After online income tax payment, you can verify it at the Form 26AS. The tax payment will be uploaded after 2-3 days.

Click here to view your Form 26AS

You can login using your PAN card number. The password will be given to you. Make sure that you do not use any space in password and pan card number.

At the left side of the page, you will find the option for View Form 26AS. Form 26AS is a consolidated statement of tax deducted or paid. The statement will also show if any refund is credited to your account.

Useful read

Income tax return form

The procedure of online income tax payment is a simple affair of few minutes. Your bank will carry out the transaction online. It will debit the amount from your account. The Challan counterfoil containing CIN and bank name will be generated. You can track the status of your Challan 280 after a week from the date of payment. If you have any query related to online income tax payment, do not hesitate to use the comment box. We will also guide you to file your return online. Myincometaxrefund.in is an independent portal providing guidance to taxpayers. Our aim is to help citizens to carry out online procedures related to income tax payment seamlessly. Stay with us for more updates on Income Tax Refund and Payment.

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