Question:

India - Income - How to pay tax arrears?

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I have to file my returns. I have income from Bank FD for which TDS is deducted. But still I need to pay some tax on that. what is the procdure to pay ? Can I carry the cheque while submitting return forms ?

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  1. Check payment is certainly allowed - but not "while filing" but before filing as this takes a little time - you need to get a Challan 280 for Self Assessment Tax and draw a cheque payable to "Yourself for Income Tax" and submit the challan to the Bank - this is accepted at Nationalised banks; the Challan number etc should be entered in the ITR when you fill it.

    On the other hand, you have a very easy online payment possibility for Self Assessment Tax (payable through any online bank account including private banks) - the link is https://onlineservices.tin.nsdl.com/etax...

    click the link CHALLAN NO./ITNS 280. use the challan number and BSR code generated online and use in your ITR form.


  2. From which city u r .

    Better approach a Charterd accountant with all supporting

    papers .He will prepare the papers , take your sign.n fee,tax amount etc., and submit the papers in I.T.office.

  3. Approach any nationalised bank. They accept tax payments. You will have to fill up a challan and deposit the money.

    You cannot attach a cheque while submitting the returns.

  4. You must complete your tax return. Then based on the return, you will pay the tax due using Form ITNS 280. On ITNS select self assessment tax and deposit in a bank.

    Then show this on your tax return.

    For information on your Income Tax return and to download the forms, go to http://mytaxes.in/index.php?topic=32.0

    . If you want to file online, read http://mytaxes.in/index.php?topic=94.0

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