How to Pay Advance Tax Online for AY 2024-25

Paying advance tax online for the Assessment Year (AY) 2024-25 has become a straightforward process. Here's a step-by-step guide to help you navigate through it efficiently:

1. Visit the Official Website:

• Go to the official website of the Income Tax Department of India at incometaxindia.gov.in.

2. Access the e-Payment Facility:

• Under the 'Quick Links' section on the homepage, click on 'e-Pay Taxes.' This will redirect you to the National Securities Depository Ltd. (NSDL) website.

3. Select the Appropriate Challan:

• On the NSDL website, choose Challan No./ITNS 280. This is the form required for paying advance tax.

4. Fill in the Required Details:

• Enter your Permanent Account Number (PAN), which will be validated to ensure it matches the database.
• Select the 'Assessment Year' as 2024-25.
• Under the 'Type of Payment' section, select 'Advance Tax (100).'
• Provide other necessary details, such as your address and contact information.

5. Choose Your Bank:

• Select the bank through which you want to make the payment. You will be redirected to your bank's net banking page.

6. Make the Payment:

• Log in to your net banking account and complete the payment process. After successful payment, you will receive a challan receipt containing the Challan Identification Number (CIN).

7. Save the Receipt:

• It's crucial to save the challan receipt or take a printout for future reference. This receipt serves as proof of your advance tax payment.

8. Verify Your Payment:

• To confirm the payment, you can log in to the Income Tax Department's e-filing portal and check the 'Tax Credit Statement' (Form 26AS). The payment should be reflected in this statement within a few days.

Paying advance tax on time is essential to avoid penalties and interest. By following these steps, you can ensure a smooth and hassle-free process for depositing your advance tax online for AY 2024-25.

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