If PAN is available then TIN system will display the contents you have entered along with the “Name” appearing in the ITD database with respect the PAN entered by you. In case PAN is not available in the database of the Income Tax Department then you cannot proceed with the payment of tax. The system will check the validity of PAN. Deductor will have to approach the Assessing Officer or CPC-TDS for rectification of errors.Īfter entering all the above detail, click on PROCEED button. There is no online mechanism for subsequent rectification. It is important to ensure that PAN of Buyer and Seller are correctly mentioned in the form.

K) Select the option for “Payment of taxes immediately” G) Amount Paid/credited (Transaction amount) Select Form for Payment of TDS on purchase of Property.Īfter selecting the form you will be directed to the screen for entering certain information.Ī) Permanent Account Number (PAN) of Property Purchaser and Seller.ī) Address of the Purchaser, Seller as well as the Property being purchasedĬ) Financial Year during which the Purchase has been madeĭ) Major Head Code - To indicate the type of tax applicable viz Tax on companies/Tax on other than companies.Click on the option “Furnish TDS on property”.Please follow the steps as under to pay tax online:. To avail this facility the taxpayer is required to have a net-banking account with any of the Authorized Banks.

E-Payment facilitates payment of taxes online by taxpayers.

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