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E-Pay Tax: How To Make E-Payment Of Tax On Income Tax Portal?

By Ektha Surana

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Updated on: May 3rd, 2024

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13 min read

The income tax department has allowed for online tax payment, keeping pace with evolving technology and our dependence on it.

Eligibility For E-Tax Payment

With effect from 1st April 2008, the following assessees have to mandatorily pay taxes electronically.

  • All the corporate assessees.
  • All assessees (other than the company) to whom the provisions of section 44AB of the Income Tax Act, 1961 are applicable.

Prerequisite For E-Tax Payment

To be able to pay your taxes online, one must ensure the following:

  • You must have an account with a bank which is authorised to process the tax payments.
  • You must have internet banking activated on the account through which you want to make the payment.

Procedure Of E-Tax Payment

Here's a step-by-step guide on how to make tax payments on the Income Tax Portal without logging in:

Step 1: Go To The Income Tax Portal & Navigate To The 'E-Pay Taxes' Section

  • Visit the Income Tax Portal at https://www.incometax.gov.in/
  • On the left side of the home page, there is a 'Quick Links' section, click on the 'e-Pay Tax' option. You can also search for 'e-Pay Tax' in the search bar.
e-filling portal login -quick links

Step 2: Enter PAN/TAN And Mobile Number

  • On the ‘e-Pay Tax’ page, input your PAN and re-enter to confirm it. Then, provide your mobile number and click ‘Continue’.
E-pay Tax Payment
  • Enter the 6-digit OTP received on your mobile number and 'Continue'.
     
6 digit OTP when E-payment of tax

Step 3: Select The Correct Assessment Year And Payment Type

  • Select the first box labelled as ‘Income Tax’ and click on ‘Proceed
     
correct assessment year and payment type
  • From the ‘Assessment Year’ dropdown menu, select 2024-25 for payments in relation to FY 2023-24. 
  • Under the ‘Type of Payment’, select ‘Self-Assessment Tax (300)’ and click on 'Continue'.
new payment under assessment year

Step 4: Enter Tax Payment Details

Make sure to input the payment amounts correctly under the appropriate category. You may refer to the pre-filled challan on ClearTax to obtain all the necessary amounts.

Enter Tax Payment details in e-filling portal

Step 5: Select Payment Method

  • Select the payment method and the bank to make the tax payment and press 'Continue'.
  • Payment can be made using internet banking, debit card, credit card, RTGS/NEFT, UPI or you can choose to pay at the bank counter.
new payment via net banking

Step 6: Verify Payment Information

  • After you click on 'Continue', there will be an option to preview the challan details.
  • Double-check the payment information you entered to ensure it is accurate, then click on the 'Pay Now' option at the bottom of the page to make the payment.
  • If you need to modify the details, click on 'Edit'.
     
payment details

Step 7: Submit The Payment

  • Tick the checkbox to agree to the Terms and Conditions after reading them and click on 'Submit To Bank'.
e-payment of tax

Step 8: Receive Payment Confirmation

You will receive a confirmation once your tax payment has been successfully submitted.

Note: Remember to download the challan as you will need the BSR code and Challan number for completing the return filing process.

taxpayer payment successful

Step 9: Add Details On ClearTax

  • Now, resume your tax filing on ClearTax. Click on ‘Add Paid Tax Details’. 
     
Details on cleartax
  • Enter the Tax amount paid along with other details from the challan, such as the date of payment, BSR Code, and Challan Serial Number.
     
self assessment tax

You can now proceed to ‘e-file’ and ‘e-verify’ your return

Steps To E-Pay After Log-in To E-filing Portal

Step 1: Log in to the e-Filing portal with your User ID and Password.

Step 2: On the Dashboard, click e-File > e-Pay Tax. You will be navigated to the e-Pay Tax. On the e-Pay Tax page, click the New Payment option to initiate the online tax payment.

e-file

Step 3: On the New Payment page, click Proceed on a tax payment tile applicable to you.

new payment

Step 4: Follow Step 3 to Step 9 mentioned above to make e-pay taxes without logging in

Benefits Of E-Tax Payment

The provision of being able to pay taxes electronically has definitely made paying taxes a lot easier. Some of the benefits of e-payments are as follows:

  • Saves time and can be done at one’s convenient time, avoiding long queues
  • Tax department records are updated automatically without the taxpayer having to take additional measures to ensure the updating of records
  • Instant generation of the receipt of tax payment
  • Verifying the status of tax payment can be done online

Banks Authorised For E-Tax Payment

Here's an updated list of banks that can be found on the e-filing portal for e-payment of taxes w.e.f 28.04.2023:

  • Allahabad Bank
  • Andhra Bank
  • Axis Bank
  • Bank of Baroda
  • Bank of India 
  • Bank of Maharashtra
  • Canara Bank
  • Central Bank of India 
  • Corporation Bank
  • City Union Bank
  • DCB Bank
  • Federal Bank
  • HDFC Bank
  • ICICI Bank
  • IDBI Bank
  • Indian Bank 
  • Indian Overseas Bank
  • IndusInd Bank
  • Jammu and Kashmir Bank
  • Karur Vysya Bank
  • Karnataka Bank
  • Kotak Mahindra Bank
  • Punjab National Bank
  • Punjab & Sind Bank
  • RBL Bank
  • State Bank of India
  • South Indian Bank
  • UCO BANK
  • Union Bank of India

Frequently Asked Questions

Is it necessary to create a Challan (CRN) for tax payments?

In e-Pay Tax service at e-Filing portal, it is mandatory to generate the Challan for the payment of direct taxes. Every such generated Challan will have a unique Challan Reference Number (CRN) associated with it.

What are the various modes available for making payment after the generation of Challan (CRN)?

After the generation of Challan (CRN), the following modes are available for making tax payments:

  • Net Banking (select Authorised Banks)
  • Debit Card of select Authorised Banks
  • Pay at the Bank Counter (The Counter Payment at the Branches of select Authorised Banks)
  • RTGS / NEFT (through any bank having such a facility)
  • Payment Gateway (using sub-payment modes such as Net Banking, Debit Card, Credit Card, and UPI of any Bank)
Can a taxpayer request for refund/reversal of the tax amount paid mistakenly?

Any request for a refund/reversal of the challan amount will not be entertained by the e-Filing portal. The taxpayer is advised to claim that amount as a tax credit in the income tax return for the relevant Assessment Year.

Can a taxpayer pay through cash? Is there any limit on cash transactions allowed?

Yes, taxpayer can make payment through Cash using Pay at Bank mode. However, tax payment through cash is limited to a maximum amount of Rs 10,000 per Challan Form (CRN).

About the Author

Multitasking between pouring myself coffees and poring over the ever-changing tax laws. Here, I've authored 100+ blogs on income tax and simplified complex income tax topics like the intimidating crypto tax rules, old vs new tax regime debate, changes in debt funds taxation, budget analysis and more. Some combinations I like- tax and content, finance & startups, technology & psychology, fitness & neuroscience. Read more

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Quick Summary

The income tax department allows online tax payment for corporate and non-corporate assessees. To qualify for e-tax payment, one must have an authorized bank account with internet banking. The procedure involves visiting the Income Tax Portal, entering PAN/TAN, selecting payment details, submitting to bank after confirmation, and adding details on ClearTax. Benefits include time-saving and instant receipt generation.

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