Advance Tax — Quarterly Payment Compliance
Calculate and pay advance tax in quarterly instalments — 15 Jun, 15 Sep, 15 Dec, 15 Mar. Avoid interest under Section 234B/C.
What You Need to Know
Calculate and pay advance tax in quarterly instalments — 15 Jun, 15 Sep, 15 Dec, 15 Mar. Avoid interest under Section 234B/C.
TaxClue provides complete expert-managed support — from initial consultation through execution to post-service compliance. CA/CS/Lawyer handled, 100% online.
Income Tax Act 2025 (New Code) — Effective 1 April 2026
The Income Tax Act 2025 (replacing IT Act 1961) was passed in Parliament. New tax code with simplified provisions, rationalised TDS/TCS, updated return forms. Effective from AY 2026-27 (FY 2025-26). Old sections will be mapped to new sections. TaxClue is fully updated for the transition.
What is Advance Tax Calculation & Payment?
Calculate and pay advance tax in quarterly instalments — 15 Jun, 15 Sep, 15 Dec, 15 Mar. Avoid interest under Section 234B/C.
Governed by applicable Indian laws and regulations. TaxClue team ensures full compliance with latest amendments and rules.
Why is This Important?
Legal Compliance
Mandatory under Income Tax Act. Non-filing attracts penalties.
Tax Optimization
Maximise savings under old/new regime.
Refund Claims
Claim excess TDS refund promptly.
Loan & Visa
ITR required for loans, credit cards, visa.
Audit Protection
Proper filing prevents scrutiny.
Quick & Easy
TaxClue files in 2-5 days.
Benefits of Advance Tax Calculation & Payment
| Benefit | Description |
|---|---|
| Legal Compliance | Meet Income Tax Act filing obligations |
| Tax Savings | Optimised computation under best regime |
| Refund | Claim excess TDS/advance tax refund |
| Loan Eligibility | ITR proof for bank loans, credit cards |
| Visa Processing | Required for visa applications |
| Audit Protection | Proper filing reduces scrutiny risk |
Is This Right For You?
Salaried Individuals
Regular employment income.
Business Owners
Proprietors, partners, directors.
Companies & LLPs
Corporate tax filing.
NRIs
Indian income reporting.
Investors
Capital gains, dividends.
Freelancers
Professional income filing.
Eligibility & Applicability
| Category | Details |
|---|---|
| Individuals | Salaried, self-employed, freelancers, professionals |
| Businesses | Proprietorship, partnership, LLP, company |
| Applicability | As per relevant Act/Rules — TaxClue assesses your case |
| Timeline | Within prescribed deadline — varies by service |
Documents You'll Need
PAN Card
Mandatory for all tax filings
Aadhaar Card
Linked with PAN
Form 16 / 16A
TDS certificates
Bank Statements
All accounts for the FY
Investment Proofs
80C, 80D, HRA, etc.
AIS/TIS
Annual Information Statement
Step-by-Step Process
Free Consultation
TaxClue assesses your tax situation and filing requirements.
Document Collection
Gather Form 16, bank statements, investment proofs, AIS/TIS via WhatsApp/email.
Computation & Optimization
CA computes income, deductions, and optimises tax liability under old/new regime.
Filing / Submission
File return/form on the Income Tax portal with expert review.
Verification & Confirmation ✅
E-verify return. Acknowledgment and compliance confirmation provided.
Turnaround Time
| Step | Timeline |
|---|---|
| Document collection | 1-2 days |
| Computation | 1-2 days |
| Filing | 1 day |
| E-verification | Same day |
| Total | 2-5 working days |
Fees & Charges
| Component | Amount |
|---|---|
| Government fee | Nil for most ITR filings (late fee if applicable) |
| Late fee (Section 234F) | ₹5,000 (₹1,000 if income <₹5L) |
| Interest (234A/B/C) | 1% per month on unpaid tax |
Ongoing Compliance
| Compliance | Deadline | Details |
|---|---|---|
| ITR Filing | 31 Jul / 31 Oct / 30 Nov | Depends on audit requirement and entity type |
| Advance Tax | 15 Jun, 15 Sep, 15 Dec, 15 Mar | Quarterly if tax liability >₹10,000 |
| TDS Returns | Quarterly — 31 Jul, 31 Oct, 31 Jan, 31 May | 24Q (salary), 26Q (non-salary), 27Q (NRI) |
| Tax Audit (44AB) | 30 Sep | If turnover exceeds threshold |
| Transfer Pricing (3CEB) | 31 Oct | International transactions |
| AIS Reconciliation | Before ITR filing | Match AIS/TIS with actual income |
Penalties & Consequences
| Default | Penalty |
|---|---|
| Non-filing of ITR | ₹5,000 (₹1,000 if income <₹5L) under Section 234F + interest 234A/B/C |
| Wrong/false return | Prosecution under Section 276C — 6 months to 7 years |
| Non-payment of advance tax | Interest @ 1% per month under Section 234B/C |
| TDS non-deduction | Interest 1-1.5%/month + penalty under Section 271C |
| Tax evasion | Prosecution + penalty up to 300% of tax evaded |
| Non-compliance with notice | Penalty up to ₹10,000 per notice; best judgment assessment |
| Non-filing of TDS return | Late fee ₹200/day (max = TDS amount) under Section 234E |
| AIS mismatch non-resolution | May trigger scrutiny notice |
Why Choose TaxClue?
Expert Team
CA/CS/Lawyers with deep domain expertise.
End-to-End
Consultation to completion — fully managed.
Fast Turnaround
Quick processing with zero delays.
Latest Laws
Always current with latest amendments.
100% Online
Everything handled digitally.
5,000+ Clients
4.9/5 Google rating.
TaxClue's Process
Free Consultation
Assess your requirement and plan the approach.
Document Collection
Gather required documents via WhatsApp/email.
Expert Execution
CA/CS/Lawyer handles the complete process.
Delivery & Support ✅
Service completed. Ongoing support provided.
What Our Clients Say
Advance Tax Calculation & Payment Across Sectors
Service Comparison
| Tax Regime | Old Regime | New Regime (Default) |
|---|---|---|
| Nil Tax (Salaried) | Up to ₹2.5L | Up to ₹12.75L (with std deduction) |
| Max Rate | 30% (>₹10L) | 30% (>₹24L) |
| Standard Deduction | ₹50,000 | ₹75,000 |
| 80C/80D etc. | Available | Not available (except NPS) |
| Default | Must opt-in | Default from AY 2024-25 |
Frequently Asked Questions
Regulatory Updates
- Feb 2025Income Tax Act 2025 (New Code) passed. Replaces IT Act 1961. Effective AY 2026-27.
- Budget 2025New tax regime default: Nil tax up to ₹12L (₹12.75L for salaried). Standard deduction ₹75K. Slabs rationalised.
- Jul 2024LTCG on listed shares: 12.5% (was 10%). STT-paid equity. Budget 2024.
- 2025-26TDS/TCS rationalisation — reduced rates, simplified thresholds, merged provisions under new Act.
- OngoingAIS/TIS — Annual Information Statement for pre-filled ITR. Reconciliation critical.
- OngoingFaceless assessment continues. E-proceedings for scrutiny, appeals, and rectification.
Real Clients. Real Results.
Advance Tax Calculation & Payment — Client Success
Complete service delivered by TaxClue. Expert handling from consultation to completion.
Advance Tax Calculation & Payment — Business Client
Corporate client serviced. Quick turnaround and professional execution.
Advance Tax Calculation & Payment —
Expert, Fast, Fully Managed.
Free consultation, expert execution, and ongoing support — all handled by TaxClue.