Last modified - 25/08/2016

Advance Tax - Individuals and HUFs
Due dates, Rates and Calculator

Advance Tax : Information
Advance Tax : Rates & Due Dates
Advance Tax : Calculator

Advance Tax : Information

  • No advance tax is payable if the total tax liability after reducing the tax deducted at source is less than Rs. 10,000/-.
  • Senior citizens ( i.e. resident individuals aged 60 years or above ) who do not have any income from business / profession are exempted from the payment of advance tax w.e.f. 01/04/2012.
  • In case of eligible assessee as referred to in Section 44AD, it is not required to pay advance tax installments falling due for payment on June 15, September 15 and December 15. In such cases 100% of advance tax is required to be paid by 15th March.
  • If Advance Tax is not paid in full for installments falling due on 15th June, 15th September and 15th December, interest at the rate of 1% on the short amount for 3 months is to be paid u/s 234 C.
  • If Advance Tax is not paid in full for installments falling due on 15th March, interest at the rate of 1% on the short amount for 1 month is to be paid. If you delay payment of the last instalment in March by even a day, you will have to pay interest on the entire instalment amount.
  • If you do not pay advance tax at all or if the aggregate paid by March 31 is less than 90 per cent of the total tax payable, you will have to pay an interest of 1 per cent per month on the deficit amount from April 1 of the following year till the date you file your return u/s 234 B.
  • If tax is paid after due date for filing of return, an interest of 1 per cent per month is payable on the deficit amount from the due date of filing of return till the date of payment of deficit u/s 234 A.

Advance Tax : Installments & Due Dates w.e.f. 01.04.2016

Due DateAdvance Tax Installment Amount
15th JuneAt least 15% of Tax on total income for the year.
15th SeptemberAt least 45% of Tax on total income for the year less advance tax already paid.
15th DecemberAt least 75% of Tax on total income for the year less advance tax already paid.
15th March100% of Tax on total income for the year less advance tax already paid.

Advance Tax : Calculator for A Y 2017-18 (FY 2016-17) for Individuals and HUFs

Calculate Advance Tax Installments Payable on various Due Dates by Resident Individual, Non-resident and HUF assessees.

Status & Due Date
Select your Residential Status
If resident individual, select your Age group
Select Advance Tax Due Date
Enter details of 'Income taxable at normal rates'
Estimated Income from Salary & Allowances / Pension for the Year
Estimated Income from Business / Profession for the Year
Estimated Income from House Property (In case of loss, enter " - " before amount)
Estimated Short Term Capital Gains (Taxable at Normal Rate)
Estimated Income from Other Sources (Taxable at Normal Rate)
Total Income taxable at normal rates
if you have 'Income taxable at special rates', enter details thereof
Income - Taxable at 10%
Income - Taxable at 15%
Income - Taxable at 20%
Income - Taxable at 30%
Total Income taxable at special rates
Enter details of eligible Deductions from taxable income
u/s 80C, 80CCC & 80CCD(1) (Max. 1.50 lacs)
u/s 80CCD(2) (Max. 10% of salary)
u/s 80CCG (Max. Rs. 25,000).
u/s 80D for Health Insurance (Max. 30,000/- for Senior Citizens & 25,000/- for others)
u/s 80D for Health Insurance of parents (Max. 30,000/- if parents are Senior Citizen, else 25,000/-)
u/s 80TTA Interest on Savings Bank account (Max. Rs. 10,000/-)
Any other eligible deduction
Total deductions from Taxable income
Enter details of Estimated amount of Tax deducted / Collected / Paid for the year
Estimated amount of Tax Deducted at Source (TDS) and utilized for the year
Estimated amount of Tax Collected at Source (TCS) and utilized for the year
Advance Tax already paid
Taxable income, Income Tax, Surcharge, Edu. Cess and Advance Tax Liability
Total Income Taxable at Normal Rate
Total Income Taxable at Special Rate
Total Taxable Income (Normal rate + Special Rate)
Income Tax at Normal Rates
Income Tax at Special Rates
Total Income Tax (Normal Rate + Special Rate)
Net Surcharge (Surcharge - Marginal Tax Relief)
Income Tax + Net Surcharge
Education Cess
Total Tax liability (Normal Rate + Special Rate)
Income Net of Income Tax Liability
Advance Tax
Advance Tax due for payment on or before 15th June 2016 (15% of Total Tax Liability)
Advance Tax to be paid on or before 15th June 2016 (Advance Tax due - Advance Tax already paid )
Advance Tax due for payment on or before 15th September 2016 (45% of Total Tax Liability)
Advance Tax to be paid on or before 15th September 2016 (Advance Tax due - Advance Tax already paid )
Advance Tax due for payment on or before 15th December 2016 (75% of Total Tax Liability)
Advance Tax to be paid on or before 15th December 2016 (Advance Tax due - Advance Tax already paid )
Advance Tax due for payment on or before 15th March 2017 (100% of Total Tax Liability)
Advance Tax to be paid on or before 15th March 2017 (Advance Tax due - Advance Tax already paid )
Calculate Interest payable under Section 234A, 234B and 234C

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