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Showing posts with the label direct-tax Bank tin-2.0 income-tax OLTAS

Migration of Direct tax payments Income tax Portal from OLTAS to TIN2.0

    The Income Tax Department  is revamping its Tax Information Network (TIN) and migrating to a newer version, TIN 2.0. It is redesigned to provide ease of usability, convenience and accuracy to taxpayers. Multiple channels are available for tax payment through TIN 2.0 For Account Holders  in any authorized bank Net banking     Debit Card   Payment Gateway- UPI and credit card   Authorized Bank Branches for Over The Counter For Other Tax Payers Payment Gateway ((20 plus banks) UPI Credit/Debit Card Authorized Bank Branches for Over The Counter TIN 2.0 Direct Tax flow  Tax payers can pay directly using various digital modes from the new TIN 2.0 site but in case of payment at bank counter tax payer need to generate challan and carry it to authorized bank branch for payment of direct tax. Process for same is given below Process flow to generate challan from TIN portal (Tax payer to visit Tax portal) Taxpayer to select new payment and select ‘Assessment Year’ a