Advance tax is payment of Income Tax on 'Pay As You Earn' basis.It involves estimation of total income from all sources for the year, calculation of estimated Income Tax Liability and its payment instalments as per due dates provided income Tax Act / Rules. The important provision of Income Tax Act / Rules relating to payment of Advance Tax are :
|Due Date||Advance Tax Installment Amount|
|15th June||At least 15% of Tax on total income for the year.|
|15th September||At least 45% of Tax on total income for the year less advance tax already paid.|
|15th December||At least 75% of Tax on total income for the year less advance tax already paid.|
|15th March||100% of Tax on total income for the year less advance tax already paid.|
|You may like to View / Use / Download|
|Income Tax Calculator AY 2021-22|
Calculate Taxable Income and Income Tax Liability of Individuals for AY 2021-22.
|Income Tax Slabs / Rates AY 2021-22|
View income Tax Rates & Slabs for AY 2021-22 as per Existing and New Tax Regimes.
|Advance Tax Calculator AY 2021-22|
Calculate Advance Tax payable by Individuals on various due dates.
|Interest u/s 234A B C Calculator|
Calculate Interest payable under Section 234A, 234B and 234C.
|TDS Calculator AY 2021-22|
Calculate TDS deductible on Salary and Other payments to different payees for AY 2021-22.
|TDS Rates AY 2021-22|
TDS Rates (Revised) for all payments and payees for AY 2021-22
|Tax Saving Calculator|
Calculate Tax savings for various Tax Saving investments.
|Post Office Small Saving Calculators|
Use Calculators for NSC, PO MIS, SCSS, PO RD, PO TD and KVP Schemes.
|PPF Calculator 2020|
Use PPF calculator for calculation of Maturity Date, Maturity Value, Interest and Return on Investment.
|SSY Calculator 2020|
Use SSY calculator for calculation of Maturity Value, Interest and Return on Investment.
|Challan 280 in fillable Excel and PDF|
Download fillable Income Tax Challan 280 in Excel / PDF
|TDS form 16 in Excel with Calculation formulas|
Download fillable Income Tax Form 16 in Excel with auto calculation formulas.
|PAN & TAN forms and Annexures in fillable PDF|
Download fillable PAN and TAN forms
|Post Office forms in Fillable PDF|
Download fillable Post Office forms
|SBI Lending Rates for Perquisite Valuation|
View SBI Lending Rates for Perquisite Valuation
PMVVY (Pradhan Mantri Vaya Vandana Yojana) 2020 Calcultor