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This payment of Income Tax may be in the form of Advance Tax, Self Assessment Tax, Tax on Regular Assessment, Surcharge, Tax on Distributed Profits or Tax on Distributed Income.
Income Tax can be paid online as well as through cash/cheque/demand draft at various designated bank branches.
As we have the ability to list on our website (our selection changes all of the time), it is not feasible for a company our size to record and playback the descriptions on every item on our website.
I also did not factor VALUE because I feel that value is very individual – what one consumer sees as a great value, another may view as cheap.
Once all details have been verified by you as correct and submitted to the bank, your banker will ask you to login to your bank account.
Once logged in, it will ask you for the amount of Income tax you would like to pay, the surcharge levied on the same (if any), education cess levied on the same, Interest and penalty levied (if any).
On submitting these details, press the “Calculate tax button” and it will show the total tax to be paid (incl.
the surcharge, education cess, interest & penalty). Once you have made the payment online, a challan counterfoil would be instantly available on the screen with the CIN i.e. The challan for payment can also be printed/ saved on your computer.