Dear Sir,
Electronic payment of taxes has been made mandatory for all
corporate assesses and all assesses to whom provisions of section 44AB of the
Income Tax Act are applicable from 1st April, 2008 vide Press Release NO.
402/92/2006-MC(05 of 2008) dated 23.1.2008. Copy of Press Release is
attached hereunder for your reference and record.
with best regards,
TEAM AT WEBTEL
No.402/92/2006-MC (05 of 2008)
Government of India / Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
***
New Delhi dated the 23rd January 2008
PRESS RELEASE
The optional
scheme of electronic payment of taxes for income-tax payers was introduced in
2004. With a view to expand the scope of electronic payment of taxes, it is
proposed to make the scheme mandatory for the following categories of
tax-payers:-
(i) All
corporate assesses;
(ii)
All assesses (other than company) to whom provisions of section 44AB of the
Income Tax Act are applicable.
2. The
scheme of mandatory electronic payment of taxes for income-tax payers is
proposed to be made applicable from 1st April, 2008.
3.
Tax-payers can make electronic payment of taxes through the internet banking
facility offered by the authorized banks. They will also be provided with an
option to make electronic payment of taxes through internet by way of credit or
debit cards.
