All these whose earnings falls within the tax bracket must mandatorily file advance tax, newest by March 15. If an individual comes underneath the defaulters listing, then she or he can be accountable for curiosity underneath Part 234B and 234C. The advance tax must be paid by any particular person whose estimated legal responsibility for the yr is Rs 10,000 or extra. Senior residents who shouldn’t have any earnings from any career or enterprise are usually not liable to pay advance tax.
So as to save your self from the penalty, be sure to file the tax by following these steps:
Step 1: Open any web browser of selection and seek for the official Earnings Tax Division web site, www.incometaxindiaefiling.gov.in.
Step 2: On the homepage, you will note a hyperlinked choice that reads, ‘e-Pay Tax’. Click on on it.
Step 3: A pop-up will open, during which two choices can be talked about. You’ll have to observe the one which reads, ‘Click on the Proceed to NSDL Web site button to pay Advance Tax or Self-Evaluation Tax.
Step 4: The system will direct you to the Tax Data Community web site maintained by NSDL for the fee of taxes. Proceed to NSDL Web site’.On the finish of this message, there can be a tab that reads, ‘Proceed to NSDL Web site’; click on it.
Step 5: You can be directed to new window, on which a web page titled ‘e-Cost of Taxes’ will open. Choose your kind for fee of Advance Tax by clicking on the proceed tab.
Step 6: A kind will open on a brand new whereby you may be requested to key-in particulars like title, tackle, PAN quantity, cell quantity amongst different issues. Fastidiously fill every and all the pieces requested. As soon as carried out click on on proceed
Step 7: You’ll now be taken to a brand new web page the place you may be given the choice to make the fee. After you’ve efficiently made the fee, a receipt can be generated on a brand new web page
Step 8: Obtain and take a print of the receipt for future reference.