If you are a salaried individual, your employer probably deducted the taxes you have to pay from your salary (via TDS). But if you are self-employed or have income beyond salary (such as rental income), the taxes deducted at source (TDS) may not be enough for your income tax payment. To determine how much, if any, tax you must pay or to check if you are eligible for a refund, you must file your taxes (click here to read our guide on how to file your income tax return online).
HDFC Bank is among the designated banks that accept online income tax payments. Here are the prerequisites:
Note: Before starting the payment process, ensure you have calculated the correct amount of tax you owe.