income-tax

Advance Tax: Due Dates and Payment Guide

Complete guide to advance tax payment for individuals and businesses in India. Know due dates, calculation, and payment methods.

GetYourCA Team
10 January 2026·Updated 10 January 20262 min read12.5K views
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What is Advance Tax?#

Advance Tax is the payment of tax in installments before the end of the financial year. It's applicable if your tax liability exceeds Rs 10,000 in a year.

Who Must Pay Advance Tax?#

  • Salaried individuals with tax deducted at source
  • Business owners
  • Professionals
  • Anyone with income other than salary where tax liability exceeds Rs 10,000

Advance Tax Due Dates#

For Individuals:#

InstallmentDue DatePercentage
1stJune 1515%
2ndSeptember 1545%
3rdDecember 1575%
4thMarch 15100%

For Companies:#

InstallmentDue DatePercentage
1stJune 1515%
2ndSeptember 1545%
3rdDecember 1575%
4thMarch 15100%

How to Calculate Advance Tax#

  1. Estimate total income for the year
  2. Calculate tax liability
  3. Deduct TDS and relief under Section 90/90A
  4. Balance is advance tax payable

How to Pay Advance Tax#

  1. Visit income tax department portal
  2. Click 'e-Pay Tax'
  3. SelectChallan 280
  4. Fill in details and pay
  5. Save the receipt

Consequences of Non-Payment#

  • Interest under Section 234B (1% per month)
  • Penalty for late payment

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Disclaimer

We have taken utmost care to research and write this article for your information. However, tax laws are complex and subject to frequent changes. This article is for general guidance only and should not be considered professional advice. Individual circumstances vary significantly — what works for one person may not apply to another.

Before making any tax-related decisions, we strongly recommend consulting with a qualified Chartered Accountant or tax professional who can assess your specific situation. We do not accept any liability for decisions made based on this information.

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