Advance Tax
Advance Tax Due Dates
Advance tax instalment dates and percentage schedule for taxpayers with estimated tax liability.
Advance Tax Instalment Schedule
| Due Date | Cumulative Advance Tax Payable |
|---|---|
| 15 June | 15% of total advance tax |
| 15 September | 45% of total advance tax |
| 15 December | 75% of total advance tax |
| 15 March | 100% of total advance tax |
Advance tax generally applies where estimated tax liability after TDS is more than Rs. 10,000. Businesses, professionals, freelancers, landlords, investors and taxpayers with capital gains may need to review advance tax regularly.
How We Help
- Estimate annual income and tax liability
- Review TDS and advance tax already paid
- Compute instalment-wise payment
- Help reduce interest under sections 234B and 234C
Reference: Income Tax e-filing portal and CBDT notifications should be checked for final/extended due dates: incometax.gov.in.
Contact CA Hemant Garg
For consultation, call or WhatsApp +91 83688 37889 or email cahemantgarg@gmail.com. Office: 3rd Floor, innov8, orchid centre, chowk metro station, near sector 54, Sector 53, Gurugram, Haryana 122011.
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