Advance Tax Instalments and Due Dates w.e.f.1.4.2016

Advance tax is payable by all the assesses where the Tax payable during the financial year is Rs.10000 or more.

For all the assesses, the Advance tax Instalments and Due dates to deposit the same are as follows :-

Due Date of Deposit of Advance TaxInstalment amount
15th JuneAt least 15% of Total Tax on Total Income during the financial year.
15th SeptemberAt least 45% of Total Tax as reduced by Advance tax instalment already paid
15th DecemberAt least 75% of Total Tax as reduced by Advance tax instalment already paid
15th March100% of Total Tax as reduced by Advance tax instalment already paid

So,check for the advance tax date as applicable and don’t forget to deposit the same on timely basis.

Also have a look at the following popular posts that might help you in some way or the other  :

Due dates for Income tax return filing

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