ITR Filing 2023 : E-Pay Tax service now enabled with over the counter and net banking option for DCB Bank. Along with this, e-pay tax services are now available in 25 banks for payment of taxes.
Mumbai: The last date for filing income tax returns for the financial year 2022-23 is 31 July 2023. Most of the salaried individuals would have received Form 16 by now to file ITR. Bank account must be pre-verified while filing income tax return. This is all the more important if you want a refund of any excess tax paid. Otherwise the Income Tax Department will not be able to credit your Income Tax Return.
Form 16 is an important document for filing ITR for salaried category. It is an annual certificate issued by the company. E-Pay Tax service is now enabled for DCB Bank with over the counter and net banking option. Along with this, e-pay tax services are now available in 25 banks for payment of taxes.
LIST OF BANKS FOR TAX PAYMENT
1) Axis Bank
2) Bank of Baroda
3) Bank of India
4) Bank of Maharashtra
5) Canara Bank
6) Central Bank of India
7) City Union Bank
8) DCB Bank
9) Federal Bank
10) HDFC Bank
11) ICICI Bank
12) IDBI Bank
13) Indian Bank
14) Indian Overseas Bank
15) IndusInd Bank New Bank
16) Jammu & Kashmir Bank
17) Karur Vaishya Bank
18) Kotak Mahindra Bank
19) Punjab National Bank
20) Punjab and Sind Bank
21) RBL Bank
22) State Bank of India
23) South Indian Bank
24) UCO Bank
25) Union Bank
Be Careful While Filling ITR
Taxpayers should fill their ITR carefully and Some common mistakes should be avoided. E.g. Forgetting to verify their ITR and selecting wrong assessment year.
It is a common mistake to forget to verify ITR required while filing income tax return. Taxpayers often realize this mistake only after receiving a notice from the Income Tax. Correcting this error can be time-consuming and expensive. Currently, taxpayers have 30 days to verify the ITR form after submission. Besides, many taxpayers get confused between assessment year and financial year. This should also be filled with care. Note that the assessment year always comes after the financial year. You need to select assessment year 2023-24 to pay current tax.