Advance Tax Due Dates

Last updated at Dec. 16, 2024 by

Existing (For Financial Year 2015 -16)

Due Dates of Advance Tax

In Case of All Business Except Section 44AD Business

Due   Date

% of Tax

15 - Jun 15%
15 - Sep 45%
15 - Dec 75%
15 - Mar 100%

This includes professionals claiming 50% Scheme under Section 44ADA Also

For Section 44AD Business

(Whose 8% of Turnover is Profit and Turnover upto 2 Crores)

Due Date

% of Tax

15 - Jun Nil
15 - Sep Nil
15 - Dec Nil
15 - Mar 100%

New For Financial Year 2016-17 Onwards

Due Dates of Advance Tax

In Case of All Business Except Section 44AD Business and Section 44ADA Business

Due Date

% of Tax

15 - Jun 15%
15 - Sep 45%
15 - Dec 75%
15 - Mar 100%

For Section 44AD Business

(Whose 8% of Turnover is Profit and Turnover upto 2 Crores) and

Section 44ADA Professionals

(whose 50% of Receipts is profit)

Due Date

% of Tax

15 - Jun Nil
15 - Sep Nil
15 - Dec Nil
15 - Mar 100%
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CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 14 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.