Managing your advance tax liabilities just became easier.
We provide end-to-end support to help individuals stay compliant and avoid unnecessary interest and penalties.
Advance tax amounts are carefully computed considering:
Quarter Ending | Due Date | Minimum Cumulative Tax Payable |
---|---|---|
Q1 | 15th June 2025 | 15% of estimated liability |
Q2 | 15th September 2025 | 45% of estimated tax liability (cumulative) |
Q3 | 15th December 2025 | 75% of estimated liability |
Q4 | 15th March 2026 | 100% of estimated liability |
Particulars | Amount (in ₹) |
---|---|
Estimated Annual Income | 18,00,000 |
Estimated Tax Payable (after deductions) | 1,80,000 |
Less: TDS Expected | 30,000 |
Net Advance Tax Payable | 1,50,000 |
Step-1
1st Installment (15%) by 15th June — ₹22,500Step-1
2nd Installment (30% more to reach 45%) by 15th September — ₹45,000Step-1
3rd Installment (30% more to reach 75%) by 15th December — ₹45,000Step-1
4th Installment (final 25%) by 15th March — ₹37,500Section | Trigger | Interest/Penalty |
---|---|---|
Section 234B | Failure to pay 90% of total tax before 31st March | 1% interest per month |
Section 234C | Delay in quarterly installments | 1% interest per month for each delayed shortfall |
If your total tax liability (after TDS) exceeds ₹10,000 in a financial year, you are required to pay advance tax in installments.