Advance Tax Calculator, Due dates & Info
for Firms, Companies, LA and Societies

Content :

Advance Tax Calculator for A Y 2019-20 (FY 2018-19)

Calculate Advance Tax Installments payable on various Due Dates by a firm, co-operative, local authority, domestic company or other than domestic company as per Indian Income Tax Act / Rules. This Calculator takes into account Marginal Relief available on Surcharge in cases where taxable income is more than ₹ 1 crore / 10 crores.

Use Advance Tax Calculator for Individuals

Status & Due Date Enter data in applicable unshaded cells
Select Your Status
 * Domestic Company - 1 : Turnover upto ₹ 250 crores
** Domestic Company - 2 : Turnover above ₹ 250 crores
Select Due Date for payment of Advance Tax
Income taxable at Normal Rates
Income from Salary / Pension (Net of Standard Deduction)
Income from Business or Profession
Income from House Property ( enter minus sign " - " before amount, if loss )
Income from Capital Gains
Income from Other Sources
Less: Deductions under Chapter VI A
Less: Any other eligible deductions
Total Income Taxable at Normal Rate
Income taxable at Special Rate
Income at Special Rate
Income Tax at Special Rate
Additional Info.
Rebate under Section 88E ( Securities Transaction Tax Paid )
Taxes already paid
Estimated amount of Tax Deducted at Source (TDS), Tax Collected at Source (TCS) and Minimum Alternate Tax (MAT) credit utilized for the year
Advance Tax already paid
Taxable Income, Income Tax, Surcharge, Educational Cess and Tax Liability
Total Income (Income Taxable at Normal Rate + Income Taxable at Special Rate )
Income Tax at Normal Rates
Total Income Tax [Income Tax (Normal Rate + Spl. Rate) - Ded. under section 88E]
Surcharge
(Applicable, if taxable income exceeds ₹ 1 crore.)
Marginal Relief in Surcharge
(Applicable, when taxable income is marginally over ₹ 1 crore / 10 crore)
Net Surcharge [Surcharge - Marginal Tax Relief]
Income Tax + Surcharge
Heath & Education Cess
Total Tax liability
Income Net of Income Tax Liability
Advance Tax
Advance Tax due for payment on or before 15th June 2018
(15% of Total Tax Liability)
Advance Tax to be paid on or before 15th June 2018 (Advance Tax due - Tax already paid )
Advance Tax due for payment on or before 15th September 2018
(45% of Total Tax Liability)
Advance Tax to be paid on or before 15th September 2018 (Advance Tax due - Tax already paid )
Advance Tax due for payment on or before 15th December 2018
(75% of Total Tax Liability)
Advance Tax to be paid on or before 15th December 2018 (Advance Tax due - Tax already paid )
Advance Tax due for payment on or before 15th March 2019 (100% of Total Tax Liability)
Advance Tax to be paid on or before 15th March 2019 (Advance Tax due - Tax already paid )
Calculate Interest payable under Section 234A, 234B and 234C

Disclaimer: The above calculator is only to enable users / visitors of this site to have a quick and an easy access to basic calculation and does not purport to give correct calculation in all circumstances. It is advised that the exact calculation may be made as per the provisions contained in the Income Tax Act and Rules.

Advance Tax : Information

  • No advance tax is payable if the total income tax liability after reducing the tax deducted at source is less than ₹ 10000/-.
  • 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 payable 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 the payment of the last instalment in March is delayed by even a day, interest is to be paid 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 : Due Dates & Rates

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.

Our Popupar Content : You may like to View / Use / Download

Tax Rates
Income Tax Slabs AY 2019-20 Income Tax Slabs AY 2018-19
Income Tax Slabs AY 2017-18 TDS Rates : AY 2019-20
Tax Calculators
Income Tax AY 2019-20 (Individual/HUF) Income Tax AY 2019-20 (Non-Individual)
Income Tax AY 2018-19 (Individual/HUF) Income Tax AY 2018-19 (Non-Individual)
Income Tax AY 2017-18 (Individual/HUF) Income Tax AY 2017-18 (Non-Individual)
Advance Tax (Non-individual) Advance Tax (Individual/HUF)
Interest u/s 234 (Non-corporates) Interest u/s 234 (Corporates)
Save Tax : AY 2019-20 TDS Calculator AY 2019-20
Taxable HRA Calculator Taxable Gratuity Calculator
Perquisite Value Calculator Indexed Cost & LTCG
LTCG on Securities AY 2019-20 STCG & LTCG : ITR format
Gold & Silver Assets Valuation Presumptive Income Calculator
Income Tax Information
Deductions: Taxable Income Taxability of Allowances
Exempt Incomes Deductions: House Property Income
Taxability of Pensioners & Sr. Citizens Taxability of Retirement Benefits
PAN & PAN Card View 26AS
SBI Lending Rates ITR mode of filing and ITR forms
Income Tax : Non-Residents
Income Tax Slabs AY 2019-20 Income Tax Slabs AY 2018-19
Income Tax Calculator AY 2019-20 Income Tax Calculator AY 2018-19
Advance Tax Calculator TDS Rates : AY 2019-20
TDS Calculator : AY 2019-20 Residential Status
PPF and SSY
PPF account - Features PPF Calculator
Sukanya Samriddhi Yojana Calculator Sukanya Samriddhi Yojana features
Fillable Forms with formulas
Income Tax forms TDS forms
PAN and TAN forms Post Office forms
RTO forms SBI forms
HDFC Bank forms ICICI Bank forms
Axis Bank forms EPF forms
NPS forms ESIC forms
KYC forms Aadhaar Enrollment Form
Vat forms for various states Trade Mark forms
Prof. Tax Rates, forms & Calculator CGAS 1988 forms
LIC forms Passport forms
Misc. Tools, Utilities and info
PO Small Savings Calculator Ramayana Prashnavali
Property Tax Delhi Calculator Bank Holidays 2018
Liberalised Remittance Scheme Forex Facilites for Residents

Have forms in PDF

We can convert your PDF format forms into fillable PDF forms having built in calculation formulas for a small fee.
If interested, please contact us.