ePayment of TAX

This query is : Resolved

Krish (Querist)
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06 May 2008 Hi

Can a CA pay Taxes online on behalf of its Clients by opening a seperate bank account having Internet Banking Facility in that.

Thanks

Amit Sharma

Amit Sharma (Expert)
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06 May 2008 1.You can, if ;
a) You have a bank account with net-banking facility, and
b) Your bank is amongst the banks that provide the e- payment facility.

The conclusion drawn is that it is possible in your case as it satisfies one of the two conditions.

Krish

Krish (Querist)
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07 May 2008 Another question is that in Taxman Journal Vol. 169 (April 19 – April 25, 2008) Page 18 a Circular by ITD in its point no.
2.iv. the transaction of e-payment should be reflected in the bank’s statement.

If a CA pay Taxes on behalf of the client from his bank account then the transaction should be reflected in the CA's bank account. In this situation can a CA pay taxes on behalf of the Client?

Thanks

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