ITR: Generate a new challan for the payment of the pending tax

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You want to generate a new challan for the payment of the pending tax including surcharge, cess, and interest without having a prior challan number. Here is how you can do it on the Income Tax e-filing portal:

Steps to Generate a New Challan for Pending Tax:

1. Visit the e-Filing Portal:
   • Open your web browser and go to eportal.incometax.gov.in.
2. Login to Your Account:
   • Click on the “Login” button.
   • Enter your User ID (PAN/Aadhaar), password, and captcha code.
   • Click on “Login.”
3. Navigate to the e-Pay Tax Option:
   • After logging in, go to the “e-File” menu on the top.
   • Select “e-Pay Tax.”
4. Create a New Payment:
   • Click on the “New Payment” button.
5. Select the Payment Type:
   • Choose “Demand Payment” for making payments against pending demands.
   • Click “Continue.”
6. Select Assessment Year and Payment Type:
   • Choose the appropriate Assessment Year (e.g., AY 2024-25 for FY 2023-24).
   • Select “Demand Payment” under the Type of Payment.
7. Enter the Total Demand Amount:
   • Enter the total amount of pending tax demand (e.g., ₹60,64,480).
8. Automated Calculation of Surcharge, Cess, and Interest:
   • The portal should automatically calculate the surcharge, cess, and interest based on the total amount entered. However, if you need to manually distribute these, follow the steps below.

Manually Distributing Surcharge, Cess, and Interest:

1. Determine Base Tax:
   • You need to manually split the total amount into base tax, surcharge, cess, and interest. Assume the total amount includes these components.
   Let’s denote:
   • Base Tax: XXX
   • Surcharge (15% of X): 0.15X0.15X0.15X
   • Cess (4% of (X + 0.15X)): 0.046X0.046X0.046X
   • Interest: III (you need to estimate the interest separately)
   Total Demand:X+0.15X+0.046X+I=60,64,480X + 0.15X + 0.046X + I = 60,64,480X+0.15X+0.046X+I=60,64,480Solving the equation can be complex, so let’s simplify it by assuming interest III is known or negligible:1.196X=60,64,4801.196X = 60,64,4801.196X=60,64,480 X=60,64,4801.196≈50,70,000X = \frac{60,64,480}{1.196} \approx 50,70,000X=1.19660,64,480​≈50,70,000
2. Calculate the Components:
   • Base Tax: X=50,70,000X = 50,70,000X=50,70,000
   • Surcharge (15% of Base Tax): 0.15×50,70,000=7,60,5000.15 \times 50,70,000 = 7,60,5000.15×50,70,000=7,60,500
   • Cess (4% of Total Tax + Surcharge): 0.046×50,70,000=2,33,2200.046 \times 50,70,000 = 2,33,2200.046×50,70,000=2,33,220
   • Interest: The remaining amount (if known)
3. Distribute the Amount:
   • Fill in the challan with these calculated amounts:
     • Base Tax: ₹50,70,000
     • Surcharge: ₹7,60,500
     • Cess: ₹2,33,220
     • Interest: The remaining amount (if applicable)

Completing the Payment:

1. Proceed to Payment:
   • After entering all the required information, click on “Proceed.”
   • Verify the details and click on “Submit to the Bank.”
   • You will be redirected to the selected bank’s payment gateway.
2. Complete the Payment:
   • Complete the payment process using your chosen method (Net Banking, Debit Card, etc.).
   • Once the payment is successful, a challan receipt with the CIN (Challan Identification Number) will be generated.
3. Download/Save the Challan Receipt:
   • Save or download the challan receipt for your records. You will need this as proof of payment.

Verification of Payment:

1. Go to the Dashboard:
   • After making the payment, go back to the e-filing portal dashboard.
2. Check Pending Actions:
   • Under the “Pending Actions” tab, you can verify if your tax payment has been updated.
3. Submit the Challan Details (if needed):
   • If you need to submit the challan details, go to the “My Account” section.
   • Select “Add/View Tax Credit.”
4. Verify the Tax Credit:
   • Ensure that the tax payment reflects under “Tax Paid and Verification” in your filed ITR.

By following these steps, you can generate a new challan and make the pending tax payment including surcharge, cess, and interest accurately.