Free Advance Tax Calculator

Quarterly advance tax installments, due dates & late payment interest. FY 2026-27.

₹
₹
₹
Total Taxable Income₹0
Total Tax Liability (incl. cess)₹0
Less: TDS/TCS₹0
Advance Tax Payable₹0

Quarterly Installment Schedule

QuarterDue Date%InstallmentCumulative
Q1 (Apr-Jun)15 June 202615%₹0₹0
Q2 (Jul-Sep)15 September 202645%₹0₹0
Q3 (Oct-Dec)15 December 202675%₹0₹0
Q4 (Jan-Mar)15 March 2027100%₹0₹0
⚠️ Interest u/s 234B (if not paid by 31 March)₹0
⚠️ Interest u/s 234C (per quarter delay)₹0

Advance Tax — FAQ

Who needs to pay advance tax?
Anyone whose estimated tax liability exceeds ₹10,000 after TDS. Includes business owners, professionals, freelancers, and those with capital gains or rental income. Salaried employees with only salary income don't need to pay separately.
What is interest u/s 234B and 234C?
234B: 1% per month if 90% of tax not paid by 31st March.
234C: 1% per month for each quarter's shortfall (15%/45%/75%/100% cumulative).
What about capital gains in Q4?
For capital gains in the last quarter (Jan-Mar), pay tax on that gain in the Q4 installment (by 15 March) without interest. Calculate other income's advance tax normally.
Is this free?
Yes! For GST & bank reconciliation automation, try ReconcileAI.

Need GST & Bank Reconciliation?

Automate compliance with AI. 2 free reconciliations per month.

Try ReconcileAI Free →