How to do Advance Tax e-payment online

Taxes are one thing everyone dreads, but pay them we must! One of the taxes you may need to pay is Advance Tax. It is known as 'advance' tax as it refers to paying your tax liability in part beforehand when you earn the income rather than paying the full amount at the end of that financial year. You need to pay the advance tax irrespective of whether you are a salaried individual or self-employed or whether you are a corporate entity or a businessman.

Who has to pay advance tax

• Earning rent on property


• Capital gains


• Earnings from shares and mutual funds


• Earnings from interest

Important dates for filing advance tax

1. You pay not less than 30% of the tax payable on or before 15th September


2. You pay not less than 60% of the tax payable on or before 15th December


3. You pay not less than 100% of the tax payable on or before 15th March

1. You pay not less than 15% of the tax payable on or before 15th June


2. You pay not less than 45% of the tax payable on or before 15th September


3. You pay not less than 75% of the tax payable on or before 15th December
4. 
   
5. You pay not less than 100% of the tax payable on or before 15th March

Penalties

How to pay Advance Tax offline

Step by step process to pay advance tax online

1. Go to: https://onlineservices.tin.egov-nsdl.com/etaxnew/tdsnontds.jsp and click on 'CHALLAN NO./ITNS 280'


2. The first detail you need to enter is your valid 10-digit Permanent Account Number (PAN). You name as per the IT Database will then appear later on the confirmation screen.


3. Select the Assessment Year from the drop-down list.


4. Fill up the fields for your address – flat number, building, road, area, city name, State and Pin code.


5. Give contact information – email ID and phone number


6. Under the heading of 'Type of Payment' select Advance Tax option (see image below)



7. Select Bank name from the drop-down list provided


8. Fill in the CAPTCHA (the distorted words-numbers image)


9. Click on the Proceed button to go ahead with the online payment.


10. Once the online payment is successful, you will immediately see on the screen a challan counterfoil. This will have a challan identification number, known as CIN. You will require this CIN for you IT return.


11. Make sure you take a print out of the challan counterfoil. Keep a backup of it too on your laptop or, better still, a pen drive

• You cannot leave any box empty if it is marked with an asterix * These are mandatory details which are required for the Challan.


• There will be a provision to enter the requisite tax amount is given in your Bank's site.


• In case you face a problem when entering data that is not financial in nature, you can contact the call center at: Ph. 020 – 27218080. Alternately, you can send an email to: In the subject line of the email, you should mention 'Online Payment of Advance Tax'. In case you face a problem when entering data during the Net-banking stage, then you need to contact your Bank.