E-pay later

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This discussion clarifies the process for using the 'e-pay later' option when filing your Income Tax Return (ITR). It advises paying taxes before receiving any intimation from the CPC and suggests using code 300 under 'e-pay tax'. If a demand is raised by the CPC before your payment is processed, you should respond by stating the payment has already been made, referencing the challan number.

Mukund Seshadri

Mukund Seshadri (Querist)
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19 July 2023 Team,

If you choose e-pay later while filing ITR, do we have to wait for any acknowledgement from IT department to make the payment or choose e-pay tax and make new payment - if so which head do i choose - 300 or 400 . kindly advise. Regards, Mukund

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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19 July 2023 Pay it before any intimation from CPC. Choose Epay tax..... under code 300.

Mukund Seshadri

Mukund Seshadri (Querist)
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19 July 2023 Thank you Sir, I have already submitted under e-pay later and it says under processing. If I do it before processing completed by IT Department , it is under 300 and after intimation from CPC ( processing completed), if paid - it should be done under head 400 . Is my understanding correct ?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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19 July 2023 Yes, you are correct... when demand raised under intimation later... code 400.
BTW, let me tell you that this time due to late processing of the payments, a demand may be raised before processing ITR, but you may reply to it ... "already paid wide challan no..... "

Mukund Seshadri

Mukund Seshadri (Querist)
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19 July 2023 thank you sir . meaning I need to disagree to the demand stating I have already paid wide challan no.

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Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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19 July 2023 Yes, in case demand raised before considering the amount paid.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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15 September 2024 Good luck.

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