Direct Tax Payment - Pay Your Income Tax Online Via Kotak Payment Gateway

Direct Tax Payment - Pay Your Income Tax Online Via Kotak Payment Gateway

Direct Tax Payment

Kotak Mahindra Bank is one of the first banks to integrate on the newly launched Income Tax e-Filing portal (TIN 2.0), making Direct Tax payments incredibly seamless, quick and efficient.

Kotak Customers can make Direct Tax payment on the new Income Tax e-filing portal with Kotak account or pay Over the Counter at Kotak branch.

Non-Kotak customers can also pay Direct Taxes on the e-filing portal with the bank of their choice by simply choosing Kotak Payment Gateway. Once selected, they can then choose their Bank, and payment mode including Internet banking, Credit/Debit Card, International Credit Card & UPI.

Make 24x7 online payment including public holidays

Get instant payment acknowledgement & challan receipt

Pay with multiple payment options

Enjoy secure transaction

How to Download Challan Receipt in 3 steps from e-Filing portal

Login to Income tax portal

Login to BSR Code, 5 digit challan Number & Tender Date

Choose E-Pay Tax

Visit e-File menu & select E-Pay Tax from the drop down

Download Challan Receipt

Go to Payment history menu and for the respective CIN, download the Challan Receipt by clicking three dots under Action menu

Step by Step guide on How to Pay Taxes

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How to pay taxes via Kotak Payment Gateway

i. Visit Income Tax e-filing portal
ii. Fill in the details and create a challan
iii. On the payment page choose Kotak Payment Gateway and then choose the bank and the payment mode (Internet banking, UPI, Credit/Debit Card, International Credit Card) and make payment
iv. Download/save the online challan receipt Instantly

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How to pay taxes via Kotak Net Banking

i. Visit Income Tax e-filing portal
ii. Fill in the details and create a challan
iii. On the payment page choose Kotak Mahindra Bank and pay via Net Banking
iv. Download/save the online challan receipt instantly

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Through Kotak’s Bulk Tax Payment Solutions

i.Directly from Kotak’s Net Banking Portal
ii. Host-to-Host Bulk Upload Solution via ERP system
iii. Make multiple PAN/TAN tax payment transactions at once
iv. Time saving & secure transactions

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How to Pay Taxes Over the counter at Kotak Mahindra Branch

i. Visit Income Tax e-filing portal
ii. Fill in the details and create a challan
iii. Customer can visit the designated Kotak Mahindra branch
iv. On immediate verification & processing of the challan, branch will share an acknowledgment receipt

Types of Direct Income Tax Category:

There are different types of Direct Income Taxes imposed by Indian tax authorities. Some of these include:

Income Tax: The income tax depends on the individual's age, earnings, and the slab rates notified by the government.
Corporate Tax: Domestic companies or foreign companies earning in India have to pay direct corporate tax on their income.
Securities Transaction Tax (STT): Individuals involved in the transactions of securities, like mutual funds and shares, have to make this direct tax payment.
Minimum Alternative Tax (MAT): Companies whose tax as per Income tax are lower than 15% of book profit of accounts prepared according to the Companies Act have to pay this tax.
Capital Gains Tax: This type of direct income tax is applicable on any income earned from the sale of capital investments or assets.

Documents Required For Calculating Direct Tax Payment

These are the documents required for calculating direct tax online payment:

Form 16
Salary slips
Interest certificates from banks or post offices
Tax-saving investment proofs like EPF, PPF, life insurance, etc.
Health insurance premium receipts
Proof of capital gains like Purchase/Sale deed for land, house property, or building, or statements from the involved brokers or mutual fund houses

Once your calculate your taxes,you can make the payment using your PAN card online or offline.

Frequently Asked Questions

What is Direct Tax Payment?

Direct tax payment is the process of paying taxes directly where the tax incidence and impact fall on the same entity. In such instance, the taxpayer cannot pass it on to a different entity or individual.

What are the available banking modes for making direct tax payments for Kotak customers?

E-filing 2.0 Portal allows online tax payments via Kotak Net Banking Account or via Kotak payment gateway through various modes, including credit card, debit card, UPI, and international credit card of any bank.

Customers can also make direct tax payments by visiting the Kotak branch by submitting a physical copy of the tax challan along with the payment. Alternatively, they can make payments at authorised collection centres or through authorised agents.

Where can TAN payments be made?

An individual or entity paying TAN may create challan from E-filing 2.0 Portal e-pay Tax functionality with credentials and filling put details like Assessment Year, Type of payment, Payment details and proceed to pay taxes online or offline. Kotak customers can make their TAN payment through the Efiling 2.0 Portal directly.

What is CRN (Challan Reference Number)?

“CRN” refers to Challan Reference Number, which is a 14-digit number comprising your date of birth in the format yy/mm/dd followed by an eight-digit sequence number. This number gets generated by TIN 2.0 on the successful generation of a challan form.

What is CIN (Challan Identification Number)?

CIN stands for Challan Identification Number, which is a 18-digit number that includes your 14-digit CPIN and four-digit Bank Code (KKBK). A CIN is generated by an authorised bank upon the receipt of payment and its subsequent credit in the relevant government account held with them. Challan Identification Number (CIN) is CRN + Bank Code.

Can I make direct tax payments on a bank holiday?

Yes, you can make direct tax online payments on bank holiday as this facility is available at the e-filing portal 24/7.

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Please Note

Under Pre-login section, customers can make Tax Payment for PAN /TAN maximum of 5 Transactions. To make unlimited transactions, customers should Login to the e-Filing portal.

Email Us

Have specific doubts on tax payments with Kotak? Write to us now at [email protected]