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How to pay tax, before or after uploading itr

Aazim lakhani (Software Engineer) (46 Points)

04 July 2013

Hi Experts,

I have uploaded my ITR form & need to pay tax. 85 % of my tax is already paid through TDS , so i need to manually pay some amount. I have a few questions regarding the same.

1. Should the taxable amount be paid before uploading ITR.

2. If the answer to the above question is Yes, then what could I do to pay tax now.

Regards,

Zim

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4 Replies

CA. Kuldeep Singhi (Entrepreneur) (424 Points)
Replied 04 July 2013

Pay the tax & revise the return.

ramcharan (articled assistent) (367 Points)
Replied 04 July 2013

you have to follow https://www.incometaxindia.gov.in/home.asp link and there will be a tab for pay taxes online there you have to select your bank and fill the details needed then you will be generated a reciept and you have to fill the BSR code, date and challan serial no. in the ITR return and then again click on calculate tax then generate XML on https://incometaxindiaefiling.gov.in by loging into your a/c

Focus (CA-Final Student) (272 Points)
Replied 04 July 2013

Pay the tax payable, and mention the challan details in the revised return and then upload.

Mihir (Wealth Manager) (5293 Points)
Replied 05 July 2013

If Tax liability exceeds TDS deduction, then one must pay self-assessment tax. This can be paid via the website itself and need not go to the IT office. After paying self-assessment tax, the website will generate a payment challan or a receipt, in which details of the payment shall be given. This detail will have to be entered in the ITR confirming that you have paid balance tax liability. So first pay self-assessment tax, then file ITR.