Tax

Advance Tax: The Quarterly Habit That Avoids 234B & 234C

If your tax liability crosses ₹10,000, advance tax is mandatory. Here is the calendar and the penalty math.
Advance tax is due in four installments: 15% by June 15, 45% by Sep 15, 75% by Dec 15 and 100% by Mar 15. Miss them and you pay 1% per month interest under 234B/234C. The fix is process, not memory: estimate liability quarterly, pay through the income tax portal, and reconcile in your ITR.

Book a Free Consultation

30 minutes. No obligation. Direct partner attention.