Advance Tax Payment (Quarterly)

Definition

Estimated income-tax liability above Rs 10,000 must be paid in four instalments — 15% by 15 Jun, 45% by 15 Sep, 75% by 15 Dec, 100% by 15 Mar. Presumptive scheme taxpayers pay 100% by 15 Mar.

• SourceIncome-tax Act, 1961 — Sections 207–219 — Section 211incometax.gov.in

What it means in practice

Advance Tax Payment (Quarterly) is administered by Income Tax Department / CBDT. The obligation is grounded in Income-tax Act, 1961 — Sections 207–219 (Section 211).

Senior citizens with no business income are exempt. Resident individuals filing under 44AD/44ADA only pay one instalment in March.

• SourceIncome-tax Act, 1961 — Sections 207–219 — Section 211incometax.gov.in

Triggers (applicability predicates)

These predicates are evaluated by Compliance Radar's applicability engine against a business profile to decide whether this rule applies.

• estimated_tax_liability>=10000

Deadlines and penalty

Cadence: quarterly

Penalty for default: Interest u/s 234B (1% per month for shortfall) + 234C (1% per month per missed instalment).

Citations

• SourceIncome-tax Act, 1961 — Sections 207–219 — Section 211incometax.gov.in