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How To Pay Your Income Tax Through ATM In India?

Income tax department of India is trying hard to offer all possible facilities to tax payers to make them pay there income tax conveniently and on time. For this an online platform has been launched, which allows tax payers to pay there taxes online. To make the process of tax payment more feasible, now the facility of tax payment is available in Bank ATM. Which simply means, now you can deposit your income tax through ATM which includes advance tax, self-assessment tax as well as tax due after regular assessment.

How To Register To Pay Your Income Tax Through ATM?

  1. To pay your income tax through ATM, all you have to do is first register yourself at the official website of the bank from where you wish to make the payment of tax. (Union Bank Offers online registration, for other banks you may have to visit the bank branch for registration).
  2. The bank website in turn linked to the National Securities Depositories Ltd which will help validate the permanent account number (PAN) of individuals and the Tax Deduction Account Number (TAN) provided to taxpayers.

After successful registration, you can visit to the Bank ATM to make your tax payment. To make payment using ATM, locate the income tax menu on the ATM screen. On selection of income tax menu, ATM screen will show you your PAN number and will ask the amount of tax that is to be paid against the PAN number. Enter the assessment year and the amount of tax (item wise details). After entering all the tax details you can click ok and the the amount of tax will be deducted from your bank account and ATM will generate a unique number (CIN) on the acknowledgement receipt which can be used by the tax payer to print challan from the bank’s website after 24 hours.

ALSO READ :- What Is To Be Done If The ATM Card Is Stuck Inside The ATM Machine?

income tax through ATM

Name Of Indian Bank Offering Service Of Payment Of Income Tax Through ATM

  1. Union Bank Of India
  2. Corporation Bank
  3. Bank Of Maharashtra
  4. UCO Bank
  5. Bank Of Baroda
  6. Punjab & Sind Bank
  7. Indian Bank
  8. Canara Bank
  9. Central Bank Of India
  10. Andhra Bank
  11. Oriental Bank Of Commerce (OBC)
  12. HDFC Bank
  13. AXIS Bank

More banks are expected to introduce this facility soon.

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