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.

Alok K Acharya & Associates
10 January 2026·Updated 10 January 20262 min read
advance-taxdue-datespaymenttax-planning
Need Professional Assistance?Explore our related service offering

Advance Tax: Due Dates, Calculation, and Payment Guide#

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

Need Help With Your Tax Filing?

The firm can help you file your ITR accurately, review applicable deductions, and ensure compliance. Get started in minutes.

File ITR with the FirmTry Tax Calculator

Was this article helpful?

AK

Alok K Acharya & Associates

Chartered Accountants

Chartered Accountants

View all articles by this author →

Related Articles

income-tax

Advance Tax Guide

Understanding advance tax payment, due dates, calculation, and consequences of non-payment.

1 min readRead
income-tax

How to Calculate Gross vs. Net Taxable Salary in 2026

A practical breakdown for salaried employees on calculating Gross Salary and Net Taxable Salary under the new income tax regime.

3 min readRead
income-tax

Old vs New Tax Regime: Which is Better?

Compare old and new tax regimes to find out which one saves you more tax, with examples.

5 min readRead
income-tax

Tax Saving Investments for FY 2026-27

Best tax-saving investments for FY 2026-27. Compare options under Section 123, 126, and other deductions.

2 min readRead

File Your ITR

Talk to the firm

Hire a CA