Mandatory e- payment of Income tax :E payment of taxes is mandatory for following type of persons
2.person other than corporate but covered under section 44AB(compulsory Tax audit)
- other important aspects of e-payment is that one can make payment of taxes from other persons account also
- E payment can be made 24 x 7 ,but all the banks have fixed a cut off time after that time payment will be counted in next day and this type varies between 8.00pm to 11 pm .
How to make e payment: This has been explained in detail in our earlier post.(read here) to make payment we have to go to e payment site of income tax which is currently hosted by TIN-NSDL and we have to fill one of the challan form 280,281,282,283 as required ,this process has to be followed every time you go to the site .
There are as many as 10-12 columns which has to be filled by us each type when we go far e payment and there are possibilities that we may have entered some of ours details incorrectly and tax deposited may not go to credit side of in our income tax accounts.One thing is more serious is that there is no set procedure drafted by the Govt for making correction in challan payment if wrong details has been entered while making the payment . the only think we can do is to file request to your Income Tax Assessing officer for correction in challan details but as you know that ITO is also helpless in these cases ,specially in small city , as they have given only authority & responsibility to make correction in challans but have no infrastructure.
Good news is that fast fact site has developed a small but useful excel macro based software by which you can enter details in challan once for whole life for all the four challan 280-281-282-283 (download in excel from here)for any number of parties and can make payment of challan in single click after that ,means no need to enter details of challan every time ,with this utility the possibility of errors in feeding data every time will be minimized .Now the bonus news is that this utility is free for all for me ,for you for every body ..........so download this utility now .to download this utility now ,feed ur details once (any no of parties) click submit button given at the end of the row in each party record and click submit you will be guided to TIN-NSDL site with filled challan details ...thanks for reading boring post.Please comment if like the utility .......and click buzz button( above,yahoo id required)so that every body can download this free utility,tell every body about it from tell a friend feature given below.
- E payment challan at TIN-NSDL will be filled auto in single click(submit button)
- you can fill Any challan 280,281,282,283
- You can create record of any number of assesses
- This utility will be handy as it can be used as ready reckoner for all party details.
- its free and in excel no other software installation required file size is just 318 kb.
Download the free utility (auto filler of e payment of tax challan) NOW