Published on 05/08/2025 03:28 PM
No, e-filing and e-payment are not the same thing, as they serve different purposes. E-filing is the process of electronically submitting an income return, while e-payment is the process of online paying taxes. The taxpayer can swiftly and simply fulfill his tax payment and return-filing duties by using the e-payment and e-filing facilities.
E-payments are made using debit and credit cards, direct bank deposits, and e-checks; however, other e-payment methods such as e-wallets and bank transfers can also be used.
E-filing or electronic income tax filing is the online process of filing your income tax return (ITR) for a specific assessment year. There is no physical effort required for this. Just log in to your laptop and file your ITR following the Income Tax Department guidelines.
Processing
When you file an ITR online, the acknowledgement of it is quick.
Refund
Refunds are also processed faster than paper-filed returns.
Convenience
It is the most convenient method of filing an ITR as you can do it any time from anywhere.
Confidentiality
Better security than paper filings because no one can access your data accidentally or on purpose. Details of your income may get into the wrong hands at the office of the Income Tax Department if you file on paper.
The last date to e-file your ITR is September 15, 2025.
Yes, the deadline is the same to file an ITR using the electronic method or offline method.
- Net banking (select authorised banks)
- Debit card of select authorised banks
- Pay at bank counter
- RTGS / NEFT (through any bank having such facility)
- Payment gateway (using sub-payment modes as net banking, debit card, credit card, and UPI of any bank)
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A senior sub-editor with Zee Business, Bhawna has an experience of almost a decade in writing and reporting in the financial industry. She has previously worked with companies like VCCi ...LATEST NEWSBy accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.