What are the due dates for payment of advance tax?
Subject
FAQs on interest under section 234A, 234B, 234C and 234D
Answer
The advance tax shall be payable by an assessee in 4 instalments on or before the prescribed due dates as specified in the below table:
| Due date for payment of advance tax | Advance tax to be payable |
| On or before June 15 of the previous year | At least 15% of advance tax |
| On or before September 15 of the previous year | At least 45% of advance tax |
| On or before December 15 of the previous year | At least 75% of advance tax |
| On or before March 15 of the previous year | 100% of advance tax |
| Note: Any tax paid, on or before 31st March, shall also be treated as advance tax paid during the financial year. |
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