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Mrudula

How to pay advance tax...
This year my other income is coming around 100000 in various Bank FD and RDs and NSC (45000 in interest) Do I have to pay advance tax even though I am salaried because I have not declared them to my employer.? How do I pay advance tax?
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Amlan Dutta
If total tax liability is 10000 Rs more, then you are liable to pay advance tax ...In your case, first figure out whether the taxable liability shall exceed 10,000 rs . If yes , then pay advance tax using challan 280...check video tab on how to pay advance tax
  • September 13, 2018
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AMOL RINDHE

How to pay demand tax...
Hi Sir,

how to submit copy of challan to assessing officer, means any address or online?
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Amlan Dutta
You can check your assessing officer details online , you can mail him a copy and send by speed post to his office as well ...if it is in your city , hand it personally to his office and get a stamped acknowledgement of the receipt
  • August 22, 2018
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AMOL RINDHE

How to pay demand tax...
after paying demand tax online, do we need to send challan to anywhere? or challan is just for our reference.
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Amlan Dutta
No, you don't need to submit challan anywhere ...under pending actions in dashboard if it still reflects demand, then you can disagree to the demand and produce details of taxes paid through challan ...Under indian system , it would be good , if you can submit a copy of the challan to your assessing...
  • August 21, 2018
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Prashant Kumar

HOW TO MAKE TAX PAYMENT...
Hi Amlan,

My income tax return has be processed and I received intimation U/S 143(1) today.

I see 2 difference in what I filed vs what was assessed by Income tax officer.
1. 234C INTEREST - Difference of around Rs. 7 (Payable)
2. NET AMOUNT PAYABLE is Rs 10

My question is how do I pay this net amount. Is...
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Amlan Dutta
Check video tab for this answer to see how you will be paying demand tax using challan 280 ...there is no need to update ITR ...ITR is only for advance tax and self assessment tax. It is not for regular assessment tax
  • August 16, 2018
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AMOL RINDHE

How to pay demand tax...
Can you please explain next steps after generating Challan for OUTSTANDING DEMAND TAX. How we have to send to officer and apply it online.
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Amlan Dutta
There is nothing for applying online ...just paying demand tax is enough ....you can also see it reflect in your 26 as ...in case it appears as pending action in dashboard , just close it by saying that the demand has been met by payment through challan
  • August 15, 2018
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AMOL RINDHE
do we need to send challan to any where? or challan is just for our reference.
  • August 18, 2018
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MOLOY BORA

How to pay self assessment tax...
Sir,
I paid my father etax thru sbi netbanking of Rs.830/- (self assessment). But the amount is deducted two times from my bank A/C and two different challan no.. I already submit ITR-1. Now what i will do for return. I show only one challan no against 830/-. Netbanking is myself.
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Amlan Dutta
You shall have to revise return and claim credit of the entire taxes paid under schedule IT (If due was 100 and you paid it twice , claim 200 Rs putting in proper details of challan)...return will accordingly compute refund ...
  • July 31, 2018
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ELANGO

How to pay self assessment tax...
Can one pay self-assessment tax using others Debit card / Net Banking?
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Amlan Dutta
Yes, one can pay self assessment tax using others netbanking as well ,,,while filling challan 280 , you have to fill in correct PAN details ...the PAN holder will get the credit of the self assessment tax paid using netbanking through challan ( whosoever netbanking credentials it may be)
  • July 26, 2018
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Manish Gupta

How to pay demand tax...
Sir I have received notice for outstanding tax demand in November 2017. They are demanding interest u/s 234 B and 234 C. What is this and how can I respond to him?
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Amlan Dutta
This is for not paying advance tax in time ...check whether your TDS has been deposited in time by the employer ...if no, you can pay the demand ...
  • July 21, 2018
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Harsh Kumar

How to pay self assessment tax...
Hi have to pay self assessment 30,000 rs income tax, as i have filled the details in ITR-1,since I have already paid TDS deducted by govt. While paying e-Tax online through net banking, basic tax, penalty, cess etc are being shown.. Please guide me how to bifurcate this 30,000 amount in to basic tax...
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Amlan Dutta
The return itself lets you know the breakup of tax , cess , penalty etc ...there will be no penalty unless you are filing late (Section 234F) ...but look at the tax computation in the return ...there you will see breakup of interest under 234 a, b, c and cess as well ...
Add interest figures that ...
  • July 19, 2018
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ELANGO

How to pay self assessment tax...
Dear Amlan, Let me know to pay 3% Cess for the amount added in "OTHER SOURCES OF INCOME" for which TDS deducted already by Bank.
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Amlan Dutta
You will use challan 280 to make this payment ...when you enter the challan fields put this figure under cess column and you should be fine ....refer answer solutions - video tab for relevant video
  • July 17, 2018
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Imranul Haque

How to pay demand tax...
Sir, in my intimation assessment, 5200 is demanded for filing of itr after due date .Is any reply is required?
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Amlan Dutta
In case you agree to the demand, you can use challan 280 to make the payment raised under intimation assessment under regular assessment head...If same is reflecting in worklist under pending actions, reply with agree to demand and cite that the demand has already been paid. No further action is ne...
  • July 16, 2018
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