The last date for paying the development charge for the monetary year 2024–23 is here. Personal taxpayers need to present the primary portion of the advance assessment by June 15, i.e., on Wednesday. “Quick positive momentum, fast-forward the nation’s growth.” Make sure to pay the principal portion of the advance tax for FY 2024-23 by June 15th, 2024, “the Income Tax division tweeted.”
What is advance tax?
An advance expense is how much personal duty is paid ahead of time and in portions before planned due dates. Portions and due dates are concluded by the Income Tax division.
Who can pay?
Organizations, corporates, salaried workers, and others whose charge responsibility is Rs. at least 10,000 in the wake of deducting Tax Deducted at Source (TDS) or Tax Collected at Source (TCS), are obligated to make good on the advance expense, as per the Central Board of Direct Taxes.
Where to pay?
1) Pay your bill online at https://www.tin-nsdl.com/administrations/oltas/e-pay.html.
2) Go to the “e-installment: Pay Taxes Online” area and select “Snap to pay the charge on the web”.
3) You will be diverted to the “e-Payment of Taxes” page.
4) You want to choose “Challan No./ITNS 280” for the instalment of advance expense and self-appraisal duty and tap on “continue.”
5) You want to choose “Assessment Applicable,” “Kind of Payment,” and “Method of Payment.”
6) Next, you’ll want to add nuances, such as a long-lasting record number and evaluation year.
7) You wish to enter address nuances.