filing Indian Income Tax OnlineThere are several advantages of paying your income tax online. For example you dont have to go personally to get a challan and stand in a queue for getting the receipt of payment, no need to write cheques or deposit cash. All you need to file your income tax online is to have an internet banking account in one of the banks listed in a link below and a PAN Card. Here is how you can pay your income tax online.

  1. First you need to have a transactions enabled internet banking account with one of the banks listed in this Bank list.
  2. Next, go to the website e-Tax Payment and select the Challan applicable to you. For payment of Income Tax you need to select Challan No./ITNS. 280. Most of you will need to fill in this challan. A complete list of challans is given below.
  3. After selecting or clicking on that Challan fill in your details like PAN card information, etc.
  4. After filling your details, a confirmation screen will be displayed. If the taxpayer confirms the data entered in the challan, it will be directed to the net-banking site of the bank.
  5. Login to the net-banking site with your user id/password (the one used for internet banking) and enter payment details.
  6. On successful payment a challan counterfoil will be displayed containing CIN, payment details and bank name through which e-payment has been made. This counterfoil is proof of payment being made.
List of Challan's available for paying your taxes
  1. Challan No./ITNS 280 - for payment of Income Tax and Corporation Tax.
  2. Challan No./ITNS 281 - for payment of Tax Deducted at Source / Tax Collected at Source (TDS/TCS) from corporates or non-corporates.
  3. Challan No./ITNS 282 - for payment of Security Transaction Tax, Hotel Receipts Tax, Estate Duty, Interest Tax, Wealth Tax, Expenditure Tax /Other direct taxes & Gift tax.
  4. Challan No./ITNS 283 - for payment of Banking Cash Transaction Tax and Fringe Benefits Tax.
Questions? visit FAQ about e-payment of your tax or Income Tax Department.
You may also like to
read : Latest Income Tax Slabs, Tips, Deductions.
download : free Income Tax Calculator Excel Spreadsheet.

  • Income Tax Slabs India - Financial Year 2008/2009 and 2009/2010. The IT slabs for 2009/2010 are the same as the slabs in 2008/2009.
  • Income Tax Calculator - 2008/2009 (also good for A.Y. 2009/2010 since the tax slabs are unchanged for 2009/2010). This Income Tax Calculator is in Excel Spreadsheet format.
  • India Income Tax deductions - Various Income Tax deductions under section 80C, section 80D, section 80DD, section 80G, section 80GG, section 80E, section 24, etc. and their max. tax exemption limits allowed under the Indian Income Tax Act discussed in this post. All Indian IT deductions in one single post.
  • Tax deduction under Section 80C: The most common income tax deduction for Indians discussed in detail. Use this for your personal tax planning and save upto Rs. 33,000 Income Tax.
  • How to pay your Indian Income Tax online?
  • How to check your Income Tax Refund Status online?
  • Feb 6, 2009


    michael September 30, 2010 at 8:29 AM  

    I think the invention of online payment is primarily because most people are spending their time in front of their computer. There is no reason for them to forget to pay taxes.
    20/20 tax resolution

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