Browse All Tools
HomeCalculatorsPDF ToolsDocument GeneratorsBlogAboutContact
Home/Calculators/Advance Tax Calculator

Advance Tax Calculator

Calculate advance tax liability and quarterly payments

Last Updated: July 2026
Total income for the year
80C, 80D, HRA, etc.
Tax calculation method
Total Tax Liability
—
Including cess
Q1 Advance Tax (15%)
—
By June 15
Q2 Advance Tax (45%)
—
By September 15

Advance Tax Schedule

ComponentAmount

Advertisement

What Is an Advance Tax Calculator?

An Advance Tax Calculator computes your advance tax liability and quarterly installment amounts based on estimated annual income. It shows the tax payable in each quarter with due dates as per Income Tax Department guidelines.

Advance tax is mandatory for individuals with tax liability exceeding ₹10,000. This calculator helps you plan your tax payments throughout the year and avoid interest penalties for late or insufficient payment.

Advance Tax Calculation

Total Tax = Tax on Taxable Income + Cess (4%)
Q1 (June 15) = 15% of Total Tax
Q2 (Sept 15) = 45% cumulative
Q3 (Dec 15) = 75% cumulative
Q4 (March 15) = 100% cumulative
Taxable Income = Income - DeductionsTotal Tax = As per slabs + cessInstallments = Quarterly payments

Frequently Asked Questions

What is advance tax?
Advance tax is tax paid in advance during the financial year instead of paying it all at the end. It is mandatory if your tax liability exceeds ₹10,000 in a year. Salaried individuals with TDS may not need to pay advance tax separately.
Who needs to pay advance tax?
Self-employed professionals, business owners, freelancers, and individuals with income from capital gains, house property, or other sources where TDS is not sufficient. If total tax liability exceeds ₹10,000, advance tax is mandatory.
What are the advance tax due dates?
Q1: June 15 (15% of total). Q2: September 15 (45% cumulative). Q3: December 15 (75% cumulative). Q4: March 15 (100% cumulative). Each installment is based on the cumulative liability up to that quarter.
What is the penalty for not paying advance tax?
Interest under Section 234B (1% per month) if total advance tax paid is less than 90% of total tax. Interest under Section 234C for deferment of installments. The interest is calculated on the shortfall amount for the period of delay.
How to calculate advance tax?
Estimate your total annual income, subtract deductions, calculate tax liability using applicable slabs, add cess. Pay 15% by June, 45% by September, 75% by December, and 100% by March. Adjust for any TDS already deducted.

Related Calculators

TDS

TDS Calculator

Calculate TDS.

Tax

Income Tax Calculator

Calculate income tax.

Tax Saving

Tax Saving Calculator

Calculate tax savings.

Regime

Old vs New Regime Calculator

Compare tax regimes.

Found This Useful?

Plan your advance tax payments to avoid penalties.

Try Another Calculator