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Advance Tax Calculator in Excel for AY 2122-23 (Both Regimes)

Online Income Tax Calculator AY 2021-22 | 2022-23

Download Excel file to calculate and compare Taxable Income, Income Tax Liability and Advance Tax Due and Payable on various Due Dates as per the Existing and New Tax Regimes (Tax Provisions & Tax Rates) during AY 2022-23 (FY 2021-22).

Download Income Tax Calculator AY 2021-22 | 2022-23 in Excel

What is Advance Tax

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 in income Tax Act / Rules.'; echo $a2 ?>

Provisions relating to payment of Advance Tax

The important provision of Income Tax Act / Rules relating to payment of Advance Tax are :

Advance Tax Due Dates & Installments

The Advance Tax Due Dates and Installment are as under :

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.


Updated : Mar 30, 2021