TDS (Tax Deducted at Source): Tax deducted by payer before income disbursal, applicable to salaries, interest, etc.
Advance Tax: Pre-payment of estimated tax liability in installments throughout the year.
Self Assessment Tax: Additional tax paid by taxpayer if advance tax and TDS are insufficient.
Penalties: Late payment, interest charges, and fines for non-compliance.
Payment Methods:
Online: Securely pay via IT portal using net banking, cards, or UPI.
Offline: Visit authorized bank, fill Form 280, and submit with cash or cheque.