03 June 2009
Dear All We deduct tds from party in m/o may'09. Can We deposit it in hard copy not online?(by Challan-281). Aand wat's process of online Payment ? Our copy not have any online facility.
03 June 2009
You need to pay this online only. As it is mandatory for all deduuctors to pay tds online. Following banks gives the facility of online payment of TDS,
1. Axis Bank 2. State Bank of India 3. Punjab National Bank 4. Indian Overseas Bank 5. Canara Bank 6. Indian Bank 7. Bank of India 8. Corporation Bank 9. State Bank of Bikaner & Jaipur 10. State Bank of Travancore 11. State Bank of Indore 12. Vijaya Bank 13. HDFC Bank 14. Oriental Bank of Commerce 15. State Bank of Patiala 16. Bank of Baroda 17. IDBI Bank 18. State Bank of Mysore 19. Bank of Maharashtra 20. State Bank of Hyderabad 21. State Bank of Saurashtra 22. Union Bank of India 23. Allahabad Bank 24. Dena Bank 25. Syndicate Bank 26. ICICI Bank
You must have your bank account with one of this banks. They will issue you internet banking user ID & passwork. With the help of this you can pay your taxes online. Detail procedure is at www.incometaxindia.gov.in.
In case you don't have your account with above mentioned bank & due is near you can also pay this from any other persons accounts with above mentioned bank & then make payment to that persons.
The total period of 15-20 working days needs to get the internet facility activated to your account.
CAclubindia
