What are the advantages of paying taxes online

Rahul Sharma (----------) (8192 Points)

20 April 2012  

What are the advantages of paying taxes online

1. You can pay taxes from any location at any time through your net-banking account.

 

2. Instant transfer of funds from your account.

 

3. What you write on the e-challan will be directly sent to Income Tax Department. Banks will not do any data entry.

 

4. You can save/print the challan copy and the receipt copy.

 

5. As soon as your Bank authorizes payment of the amount, you will receive a clear, legible receipt/counterfoil from your Bank.

 

6. Transaction id of the e-payment transaction will be available to you in your bank statement.

 

7. You can check online if your money has actually reached the I-T Department. For this you have to go to Tax Information Network Website: https://tin.tin.nsdl.com/oltas/index.html and click the box CIN Based View