Advance tax or self-assessment tax - 80yr. old pensioner

"I should select the "Self-Assessment Tax" option"

Yes Sir, you are correct........

Thank you.

I just paid the outstanding tax using the online facility.

Any idea how long does it take for the payment to be reflected in my records on the e-filing portal of the IT department?

bw

On Thursday, I paid the outstanding tax liability as self-assessment tax using the online payment facility under challan / ITNS 280.

By when can I expect the payment to get reflected on Form 26AS on the TRACES website? Any idea?

BW

Usually 3 to 5 working days.

Thanks Dhirajlal Ji.

Another clarification I wanted .... hopefully this will be the last one on the topic

Assuming the tax laibility is INR 1030 comprised of tax payable INR 1000 and cess ( @ 3%) INR 30.

When paying online, I did not select 1000 and 30 separately under Basic Tax and Cess respectively, but mentioned 1030 as Basic Tax and left all other fields as 0.

Will this be a problem?

Unfortunately, I saw it mentioned on a couple of websites that the one could mention the whole amount (including cess) against "Basic Tax" and leave other options (e.g. cess, surcharge, etc.) as 0. And I followed the same without ascertaining beforehand whether the advice given on the websites was correct or not.

BW.

For such small amount bifurcation is not mandatory. So, don't worry. It will be accepted.

And the ITR will be processed.......... without the demand for this reason............ Good luck.