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Calculate Advance Tax - Individual
View Due Dates & Rates

Use this calculator (As per Finance Bill (No. 2), 2019) for easy calculation of Advance Tax Installments payable on various Due Dates during financial year 2019-20 ( AY 2020-21 ) by Individuals (Resident Individuals, Senior and Very Senior Citizens, HUFs.

Challan 280 (with Auto-calculation formulas)

Select Tax Payer category

Advance Tax Calculator : Individual Tax Payers for AY 2020-21

A. Select Status & Due Date
1. Select your Status
2. Select Age group
3. Select Advance Tax Due Date
B. Enter details of 'Income taxable at Normal Rates'
1. Estimated Income from Salary / Pension ( Net of Standard Deduction )
2. Estimated Income from Business / Profession
3. Estimated Income from House Property ( If loss, enter minus sign " - " before amount )
4. Estimated Income from Capital Gains (Taxable at Normal Rate)
5. Estimated Income from Other Sources (Taxable at Normal Rate)
6. Total Income taxable at Normal Rates
C. Enter details of 'Income taxable at Special Rates'
1. Estimated Income Taxable at 10%
2. Estimated Income Taxable at 15%
3. Estimated Income Taxable at 20%
4. Estimated Income Taxable at 30%
5. Total Estimated Income taxable at Special Rates
D. Enter details of eligible Deductions from taxable income
1. u/s 80C, 80CCC & 80CCD(1) ( Max. 1.50 lacs )
2. u/s 80CCD(2) ( Max. 10% of salary )
3. u/s 80CCG ( Max. ₹ 25,000 ).
4. u/s 80D ( self / family ) ( Max. ₹ 50,000 for Senior Citizens & 25,000 for others )
5. u/s 80D ( parents ) ( Max. ₹ 50,000 if parents are Senior Citizen, else ₹ 25,000 )
6. u/s 80TTA ( Max. ₹ 10,000/- )
7. u/s 80TTB (Max. ₹ 50,000/-)
8. Any other eligible deduction
9. Total deductions from Taxable income
E. Enter details of Estimated amount of Tax deducted / Collected / Paid for the year
1. Estimated amount of TDS utilized for the year
2. Estimated amount of TCS utilized for the year
3. Advance Tax paid
F. Taxable Income and Tax Liability
1. Income Taxable at Normal Rate
2. Income Taxable at Special Rate
3. Total Taxable Income ( F1 + F2 )
4. Income Tax at Normal Rates
5. Income Tax at Special Rates
6. Relief u/s 87A
7. Total Income Tax ( F4 + F5 - relief u/s 87A )
8. Surcharge
( @ 10%, 15%, 25% or 37% if taxable income exceeds 50 lacs, 1 Cr., 2 Cr. or 5 Cr. respectively. )
9. Marginal Relief in Surcharge ( If F3 marginally exceeds ₹ 50 lac / 1 Cr. / 2 Cr. / 5Cr. )
10. Net Surcharge ( F7 - F8 )
11. Income Tax + Net Surcharge ( F6 + F9 )
12. Health & Education Cess ( 4% of F10 )
13. Total Tax liability ( F10 + F11 )
14. Income Net of Income Tax Liability ( B6 + C5 - E12 )
G. Advance Tax
1. Due for payment on or before 15th June 2019 [ 15% of (F12 - E1) ]
2. To be paid on or before 15th June 2019 ( G1 - E2 )
1. Due for payment on or before 15th September 2019 [ 45% of (F12 - E1) ]
2. To be paid on or before 15th September 2019 ( G1 - E2 )
1.Due for payment on or before 15th December 2019 [ 75% of (F12 - E1) ]
2. To be paid on or before 15th December 2019 ( G1 - E2 )
1. Due for payment on or before 15th March 2020 ( F12 - E1 )
2. To be paid on or before 15th March 2020 ( G1 - E2 )
Calculate Interest payable under Section 234A, 234B and 234C
Important : This calculator is an easy online tool for quick basic calculation and cannot give correct calculation in all circumstances. The exact calculation may be made after taking into account all applicable provisions of Income Tax Act / Rules.

Advance Tax, Advance Tax Rates and Due Dates for Individual / HUF

Advance tax is payment of Income Tax on 'Pay As You Earn' basis. It involves estimation of total income from all sources for the year, calculation of estimated Income Tax Liability and its payment instalments as per due dates prescribed income Tax Act / Rules. The important provision of Income Tax Act / Rules relating to payment of Advance Tax are :

  • No advance tax is payable if the total tax liability after reducing the tax deducted at source is less than ₹ 10,000/-.
  • Senior citizens ( i.e. resident individuals aged 60 years or above ) who do not have any income from business / profession are exempted from the payment of advance tax w.e.f. 01/04/2012.
  • In case of eligible assessee as referred to in Section 44AD, it is not required to pay advance tax installments falling due for payment on June 15, September 15 and December 15. In such cases 100% of advance tax is required to be paid by 15th March.
  • If Advance Tax is not paid in full for installments falling due on 15th June, 15th September and 15th December, interest at the rate of 1% on the short amount for 3 months is to be paid u/s 234 C.
  • If Advance Tax is not paid in full for installments falling due on 15th March, interest at the rate of 1% on the short amount for 1 month is to be paid. If you delay payment of the last instalment in March by even a day, you will have to pay interest on the entire instalment amount.
  • If you do not pay advance tax at all or if the aggregate paid by March 31 is less than 90 per cent of the total tax payable, you will have to pay an interest of 1 per cent per month on the deficit amount from April 1 of the following year till the date you file your return u/s 234 B.
  • If tax is paid after due date for filing of return, an interest of 1 per cent per month is payable on the deficit amount from the due date of filing of return till the date of payment of deficit u/s 234 A.

Advance Tax : Rates & Due Dates

Due DateAdvance Tax Rate
15th JuneAt least 15% of Tax on total income for the year.
15th SeptemberAt least 45% of Tax on total income for the year less advance tax already paid.
15th DecemberAt least 75% of Tax on total income for the year less advance tax already paid.
15th March100% of Tax on total income for the year less advance tax already paid.

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Modified : July 6, 2019