Quarterly Tax Compliance
Advance Tax Calculator
Estimate your net advance tax liability and statutory quarterly installment due dates under Section 208 of the Income Tax Act to avoid penal interest charges under Sections 234B and 234C.
Annual Income Estimates Section 208
Standard deduction under New Regime is ₹75,000 for salaried.
Quarterly Schedule
AY 2025-26
Net Advance Tax Payable
₹ 61,000
1st Installment (15% by June 15):
₹ 9,150
2nd Installment (Cumulative 45% by Sept 15):
₹ 27,450
3rd Installment (Cumulative 75% by Dec 15):
₹ 45,750
4th Installment (100% by March 15):
₹ 61,000
Threshold Requirement:
Advance tax is mandatory under Section 208 if your net estimated tax liability after deducting TDS/TCS exceeds ₹10,000 in a financial year. Senior citizens without business income are exempt.
Statutory Advance Tax Due Dates
Taxpayers other than presumptive taxation filers (Section 44AD / 44ADA) must remit advance tax in four installments:
- On or before June 15: Not less than 15% of advance tax.
- On or before September 15: Not less than 45% of advance tax.
- On or before December 15: Not less than 75% of advance tax.
- On or before March 15: 100% of advance tax.