Advance Tax Filing in India – Pay Before It’s Due!
Register Your NGO to Receive CSR Contributions from Companies in India
Avoid interest penalties by paying your advance tax on time with expert support from Legal Setup India. We provide hassle-free Advance Tax calculation, payment, and compliance services for salaried individuals, professionals, businesses, and corporates.
What is Advance Tax?
Advance Tax is the income tax paid in advance rather than in a lump sum at year-end. It applies when your tax liability for a financial year is ₹10,000 or more (after TDS deduction). According to the Income Tax Act, 1961, individuals, freelancers, professionals, and businesses must pay advance tax in installments during the financial year.
Advance tax is also known as ‘Pay As You Earn’ tax.
Who Needs to Pay Advance Tax?
Advance Tax is applicable to:
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Salaried Employees (if they have other sources of income like rent, capital gains, interest, etc.
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Self-Employed Professionals (CA, doctor, lawyer, engineer, etc.)
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Freelancers
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Traders and Businesses
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Companies and Corporates
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NRIs with taxable income in India
***Senior citizens (60+ years), not having business income, are exempt from paying advance tax.
Advance Tax Due Dates for FY 2024-25 (AY 2025-26)
Installment
1st
2nd
3rd
4th
Due Date
15th June
15th September
15th December
15th March
Advance Tax Payable
15% of total tax liability
45% of total tax liability
75% of total tax liability
100% of total tax liability
*** Missing deadlines results in interest under Section 234B & 234C of the Income Tax Act.
Our Advance Tax Services Include:
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Accurate Advance Tax Calculation
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PAN-Based Tax Projection
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TDS vs Advance Tax Comparison
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Quarterly Installment Tracking
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Online Payment through Income Tax Portal
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Challan Generation (ITNS 280)
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Return Filing Support
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Expert Advisory for Freelancers & Professionals
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Compliance for Businesses & Corporates
Documents Required for Advance Tax Filing
To calculate and file advance tax, you may need:
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PAN Card
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Bank Statement for interest income
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Previous year ITR & tax computation
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TDS Certificates (Form 16 / 16A)
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Details of capital gains (if any)
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Rental income documents
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Business income details
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Professional receipts
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Investment proofs (Section 80C, 80D, etc.)
***Our team will help you gather, review, and assess the relevant documents for error-free tax filing.
Penalty for Not Paying Advance Tax
Failure to pay or short payment of advance tax leads to:
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Interest under Section 234B – for non-payment
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Interest under Section 234C – for deferred payment
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Increased scrutiny during Income Tax Return (ITR) filing
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Financial stress at the year-end
Avoid penalties by filing with Legal Setup India’s expert CA assistance.
How Legal Setup India Helps You
At Legal Setup India, we simplify your tax compliance with:
✔️ Real-time income assessment
✔️ Advance tax calculation in accordance with latest slab rates
✔️ Reminder alerts for due dates
✔️ Online tax payment and challan submission
✔️ Post-payment compliance and reconciliation
✔️ Year-end tax review and optimization
Who Should Hire Us?
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Salaried individuals with side income (FDs, rent, capital gains)
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Freelancers or gig workers needing quarterly tax compliance
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Business owners & consultants managing irregular cash flow
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Startups and MSMEs with growing profits
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High-net-worth individuals (HNIs) with diversified income sources
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Taxpayers wanting to avoid year-end burden or penalty
Pricing – Affordable & Transparent
Service
Advance Tax Calculation & Filing
Business Income Advance Tax Filing
Freelancer/Professional Support
Capital Gain Tax Support
ITR Filing with Advance Tax Adjustments
Price (Starting From)
₹1,499/-
₹2,999/-
₹1,499/-
₹1,699/-
₹1,999/-
***Special packages for monthly accounting + advance tax + ITR available!
FAQ
Answers
Frequently asked questions
Contact Us for Hassle-Free Advance Tax Filing
Legal Setup India – Your Trusted Tax Filing Partner