Advance Tax payment procedure Tax year 2026-27
The new Income Tax Act, 2025 eliminates the concept of Assessment Year (AY) and Financial Year (FY). From now on, there will be a single "Tax Year" that aligns with the Financial Year.
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Login to your Income Tax portal using your login credentials https://eportal.incometax.gov.in/iec/foservices/#/login
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Click on “efile” and select “e-pay tax” (available on the top blue ribbon)
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Select Applicable Income Tax Act - Income Tax Act, 2025 and click "Continue"
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Click on “+New Payment” (available on the top right side)
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Click on “Proceed” in the Income-tax box.
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Select Tax year “2026-27” and Type of payment “Advance Tax (100)”
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Enter the entire amount of Tax payable against “(a) Tax” and click Continue.
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Select the Bank and Make payment.
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Once the payment is made, the challan will be available for download on the income tax website.
Note: As mentioned in point 7, please enter the entire amount against “(a) Tax” no need to enter the amount in other heads