How to Pay Self-Assessment Tax Online in India (FY 2024–25) – Step-by-Step Guide

In this world nothing can be said to be certain, except death and taxes. — Benjamin Franklin

If you’ve calculated your total tax liability after preparing your Income Tax Return (ITR) and found that some amount is still payable, you must pay Self-Assessment Tax before submitting your return.

This guide provides a simple, step-by-step method to pay income tax online using the Income Tax Department’s official e-Filing portal.

✅ What is Self-Assessment Tax?

Self-Assessment Tax is the remaining tax payable after adjusting your TDS, advance tax, and other credits. It becomes applicable when your final tax liability (as per ITR) is greater than the total prepaid taxes. This tax must be paid before filing the final return.

💻 How to Pay Income Tax Online (For Individuals)

Here’s a step-by-step breakdown of how to pay your self-assessment tax online:

🔟 Step-by-Step Process to Pay Self-Assessment Tax

1. Visit the Official e-Filing Portal

Go to: https://www.incometax.gov.in

2. Log in to Your Account

• Click ‘Login’ (top right corner).
• Enter your PAN and password to access your account.

3. Go to ‘e-Pay Tax’

Once logged in, navigate to:
e-File → e-Pay Tax

4. Click on ‘New Payment’

• Click “New Payment” to start a fresh tax payment process.

5. Select the Tax Head

• Under Income Tax, click ‘Proceed’ to continue.
  

6. Choose the Assessment Year & Payment Type

• Assessment Year: Select 2025–26 (for FY 2024–25)
• Type of Payment: Select Self-Assessment Tax (Code 300)
  Click Continue.

7. Enter Tax Details

Input the correct amount as per your tax computation — this includes tax, interest, and late fees (if applicable).
Click Continue.

8. Choose a Payment Method

Select from any of the following options:

• 💳 Net Banking
• 💳 Debit Card
• 💸 UPI
• 🏦 NEFT/RTGS
• 🏢 Pay at Bank Counter

9. Make the Payment

You’ll be redirected to your selected bank or payment gateway.
Complete the payment securely.

10. Download Challan Receipt

After successful payment, download the Challan Receipt (CIN).
This is your proof of payment and is required while filing ITR.

📌 Important Notes

• Self-assessment tax is paid using Challan No./ITNS 280
• Double-check your PAN, Assessment Year, and tax amount
• The payment will be reflected in Form 26AS and AIS/TIS in a few days
• You must complete the payment before submitting ITR

🏁 Conclusion

Paying your Self-Assessment Tax is a crucial final step in your tax filing process. With the new e-Filing portal, it's now simpler, faster, and more secure. Follow the steps above, pay your dues on time, and ensure a smooth ITR submission for FY 2024–25.

If you still have questions or want help reviewing your tax computation, feel free to connect with a Multigyan finance advisor today!