Advance Tax Due Date 2026

  • 15 June 2026: At least 15% of the total tax liability
  • 15 September 2026: At least 45% of the total tax liability
  • 15 December 2026: At least 75% of the total tax liability
  • 15 March 2026: 100% of the total tax liability

Explore More in Details - https://www.caclubindia.com/articles/advance-tax-due-dates-for-fy-202627-55345.asp

Replies (2)
Quick Summary
This discussion outlines the advance tax payment deadlines for the Financial Year 2026-27, with installments due on 15 June, 15 September, 15 December, and 15 March. It clarifies that taxpayers with an estimated tax liability exceeding £10,000 must pay advance tax, with exemptions for certain senior citizens. The guide also details the payment process via Challan 280 and highlights potential interest implications for late or insufficient payments under the new Income Tax Act, 2025.

Thanks for sharing the same. 

Advance tax due dates for FY 2026-27 under the Income Tax Act, 2025 (same schedule as before, new section references):

Installment 1: 15 June 2026 - at least 15% of estimated annual tax
Installment 2: 15 September 2026 - cumulative 45% of estimated annual tax
Installment 3: 15 December 2026 - cumulative 75% of estimated annual tax
Installment 4: 15 March 2027 - 100% of estimated annual tax

Who must pay: Any taxpayer whose estimated net tax liability for the year (after TDS) exceeds Rs 10,000.

Who is exempt: Resident senior citizens (age 60 or above) with no income from business or profession are fully exempt.

Section references under new Act: Old Section 207 is now Section 209 in Income Tax Act, 2025. Old Sections 234B and 234C (interest for non-payment) are now Sections 424 and 425.

Interest implication for September 15: Under Section 425, if cumulative advance tax paid by September 15 is less than 36% of the final tax liability, interest at 1% per month applies for three months on the shortfall from 45%. So paying at least 36% avoids any Section 425 interest for the September quarter.

How to pay: Use Challan 280 on the income tax portal under Major Head 0021, Minor Head 100 (Advance Tax). Select the correct assessment year (AY 2027-28 for FY 2026-27).

For a full breakdown of how to calculate each installment with worked examples, this [advance tax installment guide for FY 2026-27](https://taxgarden.in/blog/advance-tax-installment-due-dates-2026-27) covers computation step by step.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
19 September 2026
CA/Semi-CA/BCom

Pravin Sarvaiya

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 15 September 2026
Freelance Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details