Citi Bank : Remit Direct Taxes
Organization : Citi Bank India
Facility : Remit Direct Taxes Online
Website:http://www.online.citibank.co.in/products-services/online-services/online-tax-remittance.htm?eOfferCode=INHOOSTOTRE
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Citibank Remit Direct Taxes Online
Citibank now offers the E-Remittance facility for Online remittance of income/other direct taxes on the Internet for its retail and corporate customers.
Related / Similar Facility :
Citi Bank Online Funds Transfer
Top reasons to use Citibank Online Tax remittance :
** Online filing of Challan with immediate acknowledgement of remittance
** Cyber receipt in the form of Challan including CIN can be downloaded/printed for reference and record
** One can remit on behalf of the firm, company and others at the ease of his desktop at any time of the day and year
How To Make Tax Payments :
For making Tax payment through Citibank, login to your account using your User ID and IPIN. Then select the required Challan number depending upon the tax type you wish to remit :
The following Challan Number can be selected :
Challan Number Challan Description :
** ITNS 281 Tax Deducted at Source / Tax Collected at Source (TDS/TCS) from corporates or non-corporates.
** ITNS 280 Payment of Income tax & Corporation Tax.
** ITNS 282 Payment of Security Transaction Tax, Hotel Receipts Tax, Estate Duty, Interest Tax, Wealth Tax, Expenditure Tax / Other direct taxes & Gift tax.
** ITNS 283 Payment of Banking Cash Transaction Tax and Fringe Benefits Tax.
Please Note :
** In the case of Debit Cards you will be allowed to transact for the amount of clear funds available in the account. In the case of Citibank Online entitlement (mandate) cards you will be allowed to transact up to the limit of your sign rule. If the transaction will be for an amount greater than your sign rule then the entitlement (mandate) card of the signatory with the higher limit will need to be used.
** Citibank facilitates your Direct Tax remittances (Advance Tax and Income Tax) through tie-ups with banks authorized by Government of India to collect tax on behalf of the Central Board of Direct Taxes (authorized bank). Tax remittances authorized before 7 pm (Day 0) would be transferred to the authorized bank on the next working day (Day 1) while tax remittances made on or after 7 pm would be transferred on the second working day (Day 2).The Challans are generated by the authorized bank on the next working day of funds being transferred to them, i.e. on Day 2 for transactions authorized by you before 7 pm and on Day 3 for transactions authorized by you on / after 7 pm.
** The E-Challan will be mailed to the E-mail address you specify within 2 working days of making the remittance.
** Login to Citibank Online and click on the ‘Remit Tax online’ link
About Us :
Citi began operations in India over a century ago in 1902 in Kolkata and today is a significant foreign investor in the Indian financial market. As promoter-shareholder, Citi has played a leading role in establishing important market intermediaries such as depositories, credit bureau, clearing and payment institutions.
Citi helped lay the foundation of the Indian software industry by establishing Citicorp Overseas Software Ltd. and Iflex Solutions Ltd.; it pioneered the ITES industry in financial services through Citigroup Global Services Ltd. (CGSL).
I have not received the acknowledgment receipt against the tax payment done.