ITR 2019: Know How to Pay Income Tax Online or Deposit Challan at Banks

Paying tax is important for a responsible citizen as it’s one of the prime duties you can perform towards your nation.  August 31^st is the last day for filing your ITR for FY2018-19 and only a few days left. If you have already filled up your ITR form then find out if you have to pay a certain amount of income tax that is due. You should know that you can submit your ITR only after you pay income tax that is due.  

Don’t worry, you can pay it both online and offline. The taxpayer can deposit income tax offline at designated branches of banks by filling up Challan 280 or online through Income tax department e-filing website. Challan No ITNS 280 is used for payment of income tax.  You need to remember first that you have to pay your due tax before filing for ITR. 

But the process of filling lengthy forms and standing in long queues are the major hurdles facing by the taxpayers through offline mode. If you are facing the same problems and still left with not paying your tax then you should know how to apply through online mode. 

How to pay income tax offline 

1. First, download your challan from the Income Tax Department website or just click this link’download Challan No 280 form’ form’ and download the form.

2. Then, tick "(0021) Income-tax (other than companies) under Tax Applicable.

3. Fill the relevant details such as tax amount, year of assessment, address, and PAN.

4. Remember to collect the challan receipt, which should have the 7-digit BSR code of the bank branch, date of deposit of challan, and challan serial number. These details need to be quoted in your income tax return.

How to pay income tax online 

To pay income tax online, visit the income tax department’s e-filing website.  

Then select “e-Pay taxes" option, where the income tax department has introduced a Quick ITR Filing option. When you fill in the ITR form, you automatically get the ePay option there. 

These links will directly take you to the National Securities Depository Ltd’s website, where you need to select “Challan no./ITNS 280".  

Under the head "Tax Applicable" choose “(0021) Income-tax (other than companies)". 

Then, under the head “type of payment", select “(300) Self Assessment Tax". Fill in all the details—PAN and other details and select the assessment year for which you are making the payment. 

Either chose internet banking or debit card modes to make the payment. After a successful payment, a challan counterfoil will be displayed on the screen. This will have details such as tax paid, BSR code of the bank branch, date of deposit of challan, and challan serial number. For the future purpose, you can save the challan as a document. Now, you can fill these details in your ITR form and submit the form after verifying it.