Tax Year 2026-27 Advance Tax Paying problem

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Tax Year 2026-27 Advance Tax First Instalment last date is 15 Jun 2026.

Tried to pay this first instalment for an Individual tax payer but unable to pay [by Net Banking] since NO BANK SHOWS UP in the Income Tax Portal.

However , Income Tax Dept would charge interest for any delay in payment even if the delay is not due to the tax payer !!! Very sad !!!

Replies (4)
Quick Summary
Taxpayers faced issues paying the first advance tax instalment for AY 2026-27 as no banks appeared under Net Banking on the Income Tax Portal. The issue was later resolved, allowing successful payments. Users are advised to keep records of technical errors and payment receipts.

If your bank isn't showing up for Net Banking, use the "Payment Gateway" option to access more banks, debit cards, and UPI, or select the NEFT/RTGS mode to transfer funds directly from your bank's portal using the provided challan details. Always ensure you generate a CRN on the official portal first, and save the payment receipt for your records.

@ Aashok FC Advisory

No banks are showing up in the Net Banking selection. 

Banks refusing the cooperate with the I T Department ?

Other options have more chance of making a mistake while paying.

NEFT/RTGS is not convenient as it involves printing out the challan and going to a bank PHYSICALLY, cannot spare the time.

@ Aashok FC Advisory

Good morning

I T Deptt has corrected the problem overnight and for E Payment of Tax, Under Net Banking, the Banks are appearing now.

Just now made a sample payment of a small amount as advance tax for Tax Year 2026-27 to test the system. Got the Challan [ the Receipt, "Challan" is a misnomer and should have been renamed "Receipt" in the new 2025 system].

I understand your concern. If the Income Tax Portal is not displaying available banks for Advance Tax payment, taxpayers should not be penalized for a technical issue beyond their control. It is advisable to take screenshots of the error, note the date and time of the attempted payment, and keep these records for future reference in case any clarification is required.

You may also try alternative payment methods such as UPI, debit card, credit card, or payment through an authorized bank branch using Challan 280, if available.

For taxpayers facing difficulties with Advance Tax calculation, payment, or Income Tax compliance, professional assistance can help avoid unnecessary interest and filing errors.

Kanakkupillai's tax experts can assist you with Advance Tax payments, tax planning, and Income Tax Return filing. Get expert support here: https://www.kanakkupillai.com/income-tax-return-filing

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