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Tax calculator

Advance Tax Calculator

Plan regular or presumptive advance-tax instalments after TDS, TCS and other tax credits.

Professional calculator

Advance Tax Instalment Calculator

Plan advance-tax instalments after TDS/TCS and other credits using the statutory cumulative schedule.

Estimated result

Net advance tax liability

₹1,60,000

Advance tax applicable?

Yes

Balance after amount paid

₹1,30,000

Detailed breakdown

Estimated tax before credits₹2,00,000
Less: TDS₹40,000
Less: TCS₹0
Less: other credits₹0
Advance tax already paid₹30,000
15 June cumulative target (15%)₹24,000; shortfall now ₹0
15 September cumulative target (45%)₹72,000; shortfall now ₹42,000
15 December cumulative target (75%)₹1,20,000; shortfall now ₹90,000
15 March cumulative target (100%)₹1,60,000; shortfall now ₹1,30,000

Formula and assumptions

Net advance tax = estimated tax before credits minus TDS/TCS/other credits. Regular instalments are 15%, 45%, 75%, 100%; eligible presumptive taxpayers pay 100% by 15 March.

  • Advance tax generally applies when estimated tax liability is ₹10,000 or more after credits.
  • This tool plans instalments only; it does not calculate exact 234B/234C interest without date-wise payments.
  • Any tax paid by 31 March is generally treated as advance tax for the financial year.
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