Tax
Advance Tax Calculator
Splits your estimated annual tax liability into the four cumulative advance-tax instalments and their due amounts.
Your details
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₹
Net advance tax payable
₹90,000
Instalment 1 (15 June)
₹13,500
Instalment 2 (15 Sept)
₹27,000
Instalment 3 (15 Dec)
₹27,000
After TDS, your net advance tax payable is ₹90,000, split across four cumulative instalments through the year.
Advance tax applies if your total estimated tax liability (after TDS) exceeds ₹10,000 for the year.
Total₹90,000
- By 15 June (15%)₹13,500
- By 15 September (45%)₹27,000
- By 15 December (75%)₹27,000
- By 15 March (100%)₹22,500
How this is calculated
Net payable = estimated annual tax − TDS. Each instalment due = (cumulative % of net payable) − (sum of prior instalments), at the statutory cumulative schedule of 15% / 45% / 75% / 100%.
Frequently asked questions
Who needs to pay advance tax?
Anyone whose estimated tax liability for the year, after TDS, exceeds ₹10,000 — this commonly applies to freelancers, business owners, and those with significant capital gains or rental/interest income beyond salary.
What happens if I miss an instalment?
Interest under Sections 234B and 234C applies on the shortfall — paying late or underpaying an instalment has a real, calculable interest cost.
Can my estimate change during the year?
Yes — you can (and should) revise your estimate at each instalment based on actual income so far, rather than sticking rigidly to a single estimate made in April.