**ITR Filing for FY23-24: Last-Minute Tax Payment Tips**

As the deadline for filing Income Tax Returns (ITR) for the financial year 2023-24 rapidly approaches, taxpayers are working hard to ensure they meet the cutoff. With only two days left, understanding the various methods of paying taxes and their associated transaction fees is crucial to avoid any last-minute complications.

**ITR Filing: Payment Methods and Fees**

Here’s a guide to the most popular tax payment methods:

**Net Banking**
– **Process:** Most banks offer the convenience of paying taxes directly through their net banking portals. Simply log in to your bank account, head to the tax payment section, and select the appropriate tax form (e.g., Challan 280 for income tax).
– **Transaction Fees:** Typically, banks do not charge additional fees for tax payments made via net banking. However, standard banking charges might apply depending on your account type.

**Demand Draft/Cheque**
– **Process:** For those who prefer traditional methods, paying taxes via demand draft or cheque is still an option. These can be submitted at authorized bank branches.
– **Transaction Fees:** Banks may impose a nominal fee for issuing a demand draft, but cheque payments usually incur no extra charges. Just be sure to account for clearance times to avoid any delays.

**Important Considerations**
– **Verification:** After completing your payment, it’s essential to verify the transaction on the income tax e-filing portal to ensure it is correctly reflected against your PAN.
– **Challan Identification Number (CIN):** Keep the CIN provided after your tax payment as proof. This number is vital for any future references or to resolve discrepancies.

As the clock ticks down, make sure you choose the method that best suits your needs and complete your ITR filing smoothly!