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Calculate your quarterly advance tax schedule, check interest liability under Section 234B & 234C, and never miss a due date
Total income tax you expect to pay for the year
Tax already deducted at source by employer/bank
Advance tax already paid before 15 June
Advance tax already paid before 15 September
Advance tax already paid before 15 December
Advance tax already paid before 15 March
Estimated Tax
₹5,00,000
TDS Deducted
₹1,00,000
Net Tax Liable
₹4,00,000
Total Paid
₹0
Interest under 234B is levied if advance tax paid is less than 90% of net tax liability. Interest under 234C is levied for deferment of advance tax instalments.
Input your estimated total tax liability for the financial year and any TDS already deducted by your employer or bank.
The calculator applies the statutory schedule: 15% by June, 45% by September, 75% by December, and 100% by March.
See interest liability under Section 234B (short payment) and 234C (deferment) if you fall short of any instalment.
| Due Date | Quarter | Cumulative % | Individual Taxpayers | Companies (44AD/44ADA) |
|---|---|---|---|---|
| 15 June 2025 | Q1 | 15% | Up to 15% of net tax liability | Up to 15% of net tax liability |
| 15 September 2025 | Q2 | 45% | Up to 45% of net tax liability | Up to 45% of net tax liability |
| 15 December 2025 | Q3 | 75% | Up to 75% of net tax liability | Up to 75% of net tax liability |
| 15 March 2026 | Q4 | 100% | 100% of net tax liability | 100% of net tax liability |
Use our Income Tax Calculator to get a precise estimate of your annual tax liability before calculating advance tax.
Mark the four due dates in your calendar. Late payment of even a single instalment attracts Section 234C interest.
Capital gains and lottery winnings can be paid in the instalment immediately following the receipt.
Verify Form 26AS to ensure all TDS credits are reflected. This reduces your net advance tax liability.
Pay via NSDL / e-Filing portal using Challan 280. Keep the BSR code and challan number for ITR filing.
If you are 60+ with no business income, you are exempt from advance tax. Pay only self-assessment tax while filing ITR.
A: If you miss or underpay any instalment, interest under Section 234C is levied at 1% per month for 3 months on the shortfall amount. Additionally, if your total advance tax paid is less than 90% of assessed tax, Section 234B interest applies.
A: While you can pay 100% by 15 March, you will still incur interest under Section 234C for deferring the first three instalments. It is advisable to follow the quarterly schedule.
A: Yes. Advance tax is calculated on your net tax liability after deducting TDS already paid. Use our calculator to subtract TDS from your estimated tax liability.
A: Senior citizens (60 years and above) who do NOT have income from business or profession are exempt from paying advance tax under Section 207(2).
A: There is no penalty, but simple interest at 1% per month is charged under Sections 234B and 234C till the tax is paid. This can significantly increase your tax outgo.
A: Visit the NSDL e-Governance or Income Tax e-Filing portal, select Challan 280, choose "Advance Tax (100)", fill in your PAN, assessment year, and pay via net banking, debit card, or UPI.
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