What is Advance Tax Calculator?
Advance Tax Calculator helps you work out an advance-tax instalment after accounting for earlier payments.
The main result is additional installment payable, with a breakdown of cumulative target. The formula, example and assumptions below explain how to interpret it.
How to use Advance Tax Calculator
Use the example to get familiar with the form, then enter your own figures. Any rates in the example are illustrative. Check the field labels and units before calculating.
- Gather estimated full-year tax after TDS/TCS credits (₹), advance tax already paid (₹) and cumulative installment. Use values from the same situation or reporting period.
- Replace the example estimated full-year tax after TDS/TCS credits with your own value, then complete the other fields. Check the displayed units and each selected option.
- Select Calculate and read additional installment payable with its result breakdown. Change one input and calculate again to compare a second scenario. Reset restores the original example.
- Enter estimated full-year tax after TDS/TCS credits in ₹, at least 0. Decimals are accepted.
- Enter advance tax already paid in ₹, at least 0. Decimals are accepted.
- Choose cumulative installment from 15 June — 15%, 15 September — 45%, 15 December — 75% and 15 March — 100%.
Advance Tax Calculator: a worked example
With the inputs below, the result is ₹15,000 (additional installment payable). Follow the example, then replace these illustrative values with your own.
| Input or output | Example value |
|---|---|
| Estimated full-year tax after TDS/TCS credits (₹) | ₹1,00,000 |
| Advance tax already paid (₹) | ₹0 |
| Cumulative installment | 15 June — 15% |
| Additional installment payable | ₹15,000 |
| Cumulative target | ₹15,000 |
Understanding the Advance Tax result
Read additional installment payable alongside cumulative target. These describe different parts of the same calculation.
Displayed results use a readable number of decimal places. When checking a result by hand, keep extra precision until the last step. To compare scenarios, change one input at a time and keep the others fixed.
- Example Cumulative target: ₹15,000
Advance Tax Calculator: assumptions and common mistakes
A useful estimate starts with the right inputs. Check the following assumptions and limits before applying the result to your situation.
- Regular installment schedule only; eligible presumptive taxpayers and exempt resident senior citizens have different rules.
- Use the rate and eligibility rules that apply to your transaction. An example rate does not establish a tax liability or entitlement.
For wider guidance, visit Income Tax Department. The formula and scope of this specific tool are stated on this page.
