Advance Tax Calculator
Advance Tax Calculator
Input your seasonal income streams to map out clean, penalty-free installment milestones.
Quarterly Income / Net Profits (₹)
Gross Est. Income
₹0
Net Tax Liability
₹0
Net Advance Tax Due
₹0
Quarterly Payment Schedule Tracker
| Deadline Date | Target Amount | Net Payable This Quarter |
|---|---|---|
| June 15, 2025 | 15% of total tax | ₹0 |
| September 15, 2025 | 45% cumulative | ₹0 |
| December 15, 2025 | 75% cumulative | ₹0 |
| March 15, 2026 | 100% cumulative | ₹0 |
Penalty Notice Framework (Sec 234B & 234C)
Failure to meet these cumulative balance points triggers a **1% per month** mandatory interest charge under Section 234C for shortfalls, and Section 234B if less than 90% of total tax is paid before March 31.
This calculator is ideal for Salaried Individuals, Freelancers, Consultants, Proprietors, and Share Traders.
Please note : Partnership firms and Companies should calculate advance tax based on flat corporate tax rates.