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of <h1>Indian Overseas Bank and Union Bank authorized for e-payment under DVAT Act 2004 for tax and dues.</h1> Indian Overseas Bank and Union Bank of India have been authorized to provide e-payment facilities for tax, interest, penalty, or other dues under the Delhi Value Added Tax (DVAT) Act, 2004. This inclusion is under the authority of the Commissioner of Value Added Tax, expanding the existing scheme for electronic payments. Dealers with accounts in these banks and a monthly tax period must use this e-payment facility. The process includes obtaining a unique Challan Identification Number as proof of payment, which must be enclosed with tax returns. The banks are required to comply with the Information Technology Act, 2000.
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