Advance tax is 'pay as you earn'. If your total tax for the year (after TDS) is likely to exceed ₹10,000, you must pay it in instalments rather than at year-end:
- By 15 June — 15% of the estimated tax.
- By 15 September — 45% (cumulative).
- By 15 December — 75% (cumulative).
- By 15 March — 100%.
Shortfalls attract interest under sections 234B and 234C. Presumptive taxpayers can pay the full amount in a single instalment by 15 March.
This is general information, not professional advice — confirm the current position for your specific case before acting.
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