Advance tax calculator
Estimate each quarterly instalment and see the 234B / 234C interest if you underpay.
Net tax after TDS is ₹10,000 or less, so advance tax is not payable for the year.
- Net tax after TDS
- ₹0
- Advance tax payable
- ₹0
- Current shortfall
- ₹0
- Indicative 234C interest on shortfall
- ₹0
How this is computed
- •Advance tax is payable when the estimated annual tax liability after TDS exceeds ₹10,000.
- •Instalments are due by 15 June (15%), 15 September (45%), 15 December (75%) and 15 March (100%) of the cumulative liability.
- •Shortfalls attract 1% per month simple interest under section 234C, and continued default attracts interest under section 234B from 1 April of the assessment year.
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View service & feesFrequently asked
Are senior citizens exempt from advance tax?
Resident individuals aged 60 or above with no income from business or profession are not required to pay advance tax.
Can I pay all advance tax in one go in March?
You can, but interest under section 234C is charged for the earlier instalments that fell short, so paying on schedule is cheaper.