Follow these steps to know how to pay advance tax online through Kotak bank. Paying advance tax online through Kotak Mahindra Bank is a convenient process. Under the advance tax system, the tax is paid in advance and in installments throughout the course of the fiscal year as opposed to being paid all at once at the end of the year or when the income return is filed.
How to Pay Advance Tax Online Kotak?
For this you must visit the Kotak Bank official website or open the Kotak Net Banking portal.- Log in using your Customer ID and Password.
- Navigate to the Payments/Tax Payment section on the dashboard. Select Direct Tax Payment under the options available.
- Choose Challan ITNS 280 for advance tax payment. Enter your Permanent Account Number (PAN), assessment year, and tax type (0021 for individual advance tax). Fill in other details like the amount of tax to be paid.
- Verify the details you entered. Confirm the payment and complete the transaction using your linked account.
- After payment, you will receive a transaction reference number and a challan receipt. Download and save the receipt for your records. This is proof of payment for tax filing.
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How To Pay Advance Tax Online Through Kotak Bank?
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2024-12-26T15:06:01+00:00 2024-12-26T15:06:02+00:00Comment
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