If your total tax liability for FY 2025-26 exceeds Rs.10,000 you're required to pay advance tax. The second installment (45% of estimated liability) is due by 15th June 2025. Delays attract penal interest under Sections 234B & 234C.
Income Tax
13 April 2025
by Adv. Mahtab Ali Ansari
1 min read
Related reading
Guide
Advance Tax in India: Who Should Pay and Interest on Delay
19 Apr 2025
Update
New Income Tax Circular Allows Single Missed Advance Tax Installment Correction
16 Apr 2025
Update
TDS on Salary from April 2026: Everything Has Changed Except the Tax Rate
04 Jun 2026
Update
Income Tax Act 2025 is Live from 1 April 2026 — 5 Clarifications Every Taxpayer Must Know
12 Apr 2026