This is a facility provided to the taxpayers to make income tax payments through internet, using net-banking facility. You can use the facility if you have a bank account with net banking facility.
And your bank is amongst the banks that provide the E payment facility. The list of banks providing this facility is available on NSDL and TIN website. Alternatively you may get the information from your bank.
In case your bank does not have an online payment facility or is not an authorized bank then you can make electronic payment of tax from the account of any other person who has an account with the authorized bank having online facility.
However, the challan for making such payment must clearly indicate your Permanent Account Number Your bank will process the transaction online by debiting the bank account indicated by you and generate a printable acknowledgment indicating the Challan Identification Number.
Friday, December 19, 2008
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