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Modified on : 17 August, 2018

Advance Tax Calculator, Due dates & Info AY 2019-20
for Individual / HUF

Advance Tax Calculator for AY 2019-20 for Individual / HUF

Calculate Advance Tax Installments Payable on various Due Dates during 2018-19 by a Resident Individual / Non-resident / HUF assessee 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 ₹ 50 lacs / 1 crore.

Use Advance Tax Calculator for Non-Individuals

A. Select Status & Due DateEnter data in applicable unshaded cells
1. Select your Status
2. Select Age group
3. Select Advance Tax Due Date
B. Enter details of 'Income taxable at normal rates'
1. Estimated Income from Salary / Pension for the Year (Net of Standard Deduction)
2. Estimated Income from Business / Profession for the Year
3. Estimated Income from House Property (In case of loss, enter " - " before amount)
4. Estimated Short Term Capital Gains
5. Estimated Income from Other Sources
6. Total Income taxable at normal rates
C. if you have 'Income taxable at special rates', enter details thereof
1. Spacial Rate Income - Taxable at 10%
2. Spacial Rate Income - Taxable at 15%
3. Spacial Rate Income - Taxable at 20%
4. Spacial Rate Income - Taxable at 30%
5. Total Income taxable at special rates
D. Enter details of eligible Deductions from taxable income
1. u/s 80C, 80CCC & 80CCD(1) (Max. 1.50 lacs)
2. u/s 80CCD(2) (Max. 10% of salary)
3. u/s 80CCG (Max. ₹ 25,000).
4. u/s 80D for Health Insurance (Max. ₹ 50,000/- for Senior Citizens & 25,000/- for others)
5. u/s 80D for Health Insurance (parents) (Max. ₹ 50,000/- if parents are Senior Citizen, else ₹ 25,000/-)
6. u/s 80TTA Interest on Savings Bank account (Max. ₹ 10,000/-)
7. u/s 80TTB (Max. ₹ 50,000/-)
8. Any other eligible deduction
9. Total deductions from Taxable income
E. Enter details of Estimated amount of Tax deducted / Collected / Paid for the year
1. Estimated amount of Tax Deducted at Source (TDS) and utilized for the year
2. Estimated amount of Tax Collected at Source (TCS) and utilized for the year
3. Advance Tax already paid
F. Taxable income, Income Tax, Surcharge, Edu. Cess and Advance Tax Liability
1. Income Taxable at Normal Rate
2. Income Taxable at Special Rate
3. Total Taxable Income
4. Income Tax at Normal Rates
5. Income Tax at Special Rates
6. Total Income Tax
7. Surcharge (Applicable, if taxable income exceeds ₹ 50 lac.)
8. Marginal Relief in Surcharge (Applicable, when taxable income is marginally over ₹ 50 lac / 1 crore)
9. Net Surcharge (F7 - F8)
10. Income Tax + Net Surcharge
11. Health & Education Cess
12. Total Tax liability
13. Income Net of Income Tax Liability
G. Advance Tax
1. Advance Tax due for payment on or before 15th June 2018
2. Advance Tax to be paid on or before 15th June 2018
1. Advance Tax due for payment on or before 15th September 2018
2. Advance Tax to be paid on or before 15th September 2018
1. Advance Tax due for payment on or before 15th December 2018
2. Advance Tax to be paid on or before 15th December 2018
1. Advance Tax due for payment on or before 15th March 2019
2. Advance Tax to be paid on or before 15th March 2019
Calculate Interest payable under Section 234A, 234B and 234C

Important : The above calculator is compiled to enable users / visitors of this site to have a quick and easy online tool for basic calculation. The calculator does not claim to give correct calculation in all circumstances. It is advised that the exact calculation may be made after taking into account all relevant provisions contained in the Income Tax Act and Rules.

Advance Tax : Information

  • No advance tax is payable if the total tax liability after reducing the tax deducted at source is less than ₹ 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

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.