Vardhan Tax

Free tools

Free Advance Tax Calculator

Installment schedule for estimated tax

Enter estimated annual tax liability (and tax already paid) to see cumulative dues on statutory dates.

₹

From income-tax estimate or CA computation.

₹
Estimated liability₹0.00
Already paid₹0.00
Balance₹0.00

Installment schedule

1st installment

Due 15 June · cumulative 15%

₹0.00

Cumulative target ₹0.00

2nd installment

Due 15 September · cumulative 45%

₹0.00

Cumulative target ₹0.00

3rd installment

Due 15 December · cumulative 75%

₹0.00

Cumulative target ₹0.00

4th installment

Due 15 March · cumulative 100%

₹0.00

Cumulative target ₹0.00

Illustrative estimate only. Rules change; this is not tax, legal, or financial advice. Confirm with a qualified professional before filing or paying.

Understanding Advance Tax

1

Advance tax spreads your yearly tax across the financial year

2

Each due date has a cumulative percentage of total liability

3

Credit already paid against the cumulative target

4

Interest under 234B/234C may apply if underpaid — not computed here

Due Dates (Individuals)

15%
  • On or before 15 June
45%
  • On or before 15 September
75% / 100%
  • 15 December
  • 15 March

How This Calculator Works

  1. 1

    Estimate your annual tax (use our Income Tax calculator if helpful)

  2. 2

    Enter any advance tax already paid

  3. 3

    Review each installment payable after credits

  4. 4

    Pay via ITNS / bank e-pay challan as applicable

Key Concepts

Liability

Estimated tax for the year after TDS/TCS credits (simplified input here).

Cumulative %

Each date requires that percentage of total tax to have been paid by then.

Exceptions

Senior citizens without business income and other cases may differ — check current law.

Challan

Use the correct assessment year and major head when paying.

Advance Tax FAQs

Generally when estimated tax liability for the year exceeds the prescribed threshold (commonly ₹10,000), subject to exceptions.

Prefer guided tax planning?

Hire an expert or manage filings with Vardhan Tax.

Hire an Expert