Advance Tax Calculator

FY 2026-27 Updated

Instantly calculate your advance tax liability, installment amounts, and due dates under Indian tax laws.

Total Estimated Tax Liability (₹)

The total tax you expect to pay for the entire financial year.

TDS Already Deducted (₹)

Any Tax Deducted at Source (TDS) or TCS collected so far.

Opting for Presumptive Taxation?Check this if you file returns under Section 44AD or 44ADA. Presumptive taxpayers only need to pay advance tax in one single installment.

Net Tax Liability₹0

Enter your details above to see the calculation.

Frequently Asked Questions

Who needs to pay Advance Tax in India?

Any person whose estimated total tax liability for the year (after deducting TDS) is ₹10,000 or more is required to pay Advance Tax.

What are the due dates for Advance Tax?

For normal taxpayers: 15% by June 15, 45% by Sept 15, 75% by Dec 15, and 100% by March 15. For those under presumptive taxation (44AD/44ADA), 100% is due by March 15.

Are senior citizens required to pay Advance Tax?

Senior citizens (aged 60 years or more) who do not have any income from a business or profession are exempt from paying Advance Tax.

What happens if I miss an Advance Tax payment?

If you fail to pay or short-pay your Advance Tax, you will be liable to pay interest under Section 234B (if you fall short of 90% of total tax) and Section 234C (for delayed installments) at the rate of 1% per month.

Disclaimer: All calculators and tools on KaroTools.in are provided for educational and informational purposes only. While we strive to keep the logic updated with the applicable tax rates where verified (FY 2026-27), the results generated are estimates and do not constitute professional financial, legal, or tax advice. We strongly recommend consulting a certified Chartered Accountant or legal professional before making any business decisions or filing your taxes. KaroTools is not responsible for any financial loss, penalties, or compliance errors resulting from the use of this website.

How does the Advance Tax Calculator work?

The KaroTools Advance Tax Calculator helps you determine your quarterly tax installments for FY 2026-27. It automatically calculates your total tax liability, subtracts any TDS, and divides the remaining amount into 15%, 45%, 75%, and 100% milestones based on government deadlines. Read our Advance Tax Guide for more details.

Net Tax Payable = Total Tax - TDS Deducted

Q1 Installment = Net Tax Payable × 15%