E-PAYMENT OF TAXES

This query is : Resolved 

03 January 2008 IS IT MANDATORY FOR THE ASSESSEE OF CORPORATE AND COVER UNDER SEC 44AB TO PAY TAX ONLINE (E-PAYMENT)FROM 1ST JANUARY 2008?

03 January 2008 E-payment of taxes mandatory from January"

Chennai, (PTI): E-payment of taxes for corporates and tax-payers coming under the provision of Section 44AB would be mandatory from January 1 next, C R Ravichandran, Chief Commissioner of Income Tax said.

Speaking at an awareness programme on e-filing and e-payment of direct taxes here today,he said Tamil Nadu stood fourth in the All India level in e-filing of returns.

"e-payment of taxes will be operational from January 1,2008. The facility of e-payment of taxes will be offered by five banks namely SBI, UTI, IDBI, HDFC and Union Bank of India. Tax-payers need to have a net banking account with the bank who is authorised for providing e-payment facility."

The Department of Income Tax has set up a full-fledged Help Centre to help facilitate assessees in e-filing, trouble shooting and resolving problems related to e-filing.





Source : Hindu -

03 January 2008 sir ,
this is the press realease and not the cicular/notification,
there is no cicular/notification from cbdt on this matter.then wat to do?

05 January 2008 it is not mandatory to make paymet through online it only complusary for excise and coustome duty only

10 March 2008 thanks


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