Self-employed taxpayers generally pay advance tax when estimated tax after TDS/TCS is ₹10,000 or more.
Self-employed taxpayers generally pay advance tax when estimated tax after TDS/TCS is ₹10,000 or more. Normal instalments are 15%, 45%, 75% and 100% by 15 June, 15 September, 15 December and 15 March; eligible presumptive taxpayers pay 100% by 15 March.
Interest can arise for shortfall or deferment. Income arising unexpectedly, such as capital gain, requires payment in the remaining instalments to use the statutory protection.
Forecast annual profit and other income; calculate tax and credits; schedule instalments; revise estimates; pay through correct challan and assessment year/tax year.
Estimated net tax ₹4 lakh requires cumulative payments ₹60,000, ₹1.8 lakh, ₹3 lakh and ₹4 lakh by the four dates.
The example is an illustration, not a substitute for the taxpayer's facts. A change in status, period, payment mode, document, city, asset, relationship or scheme can change the result.
Search pages often state a rate or limit without identifying the governing base. The calculation must distinguish gross receipt from taxable profit, tax from TDS, a deduction from an exemption, salary from business income, and an accounting entry from the tax treatment.
| Decision point | Required treatment |
|---|---|
| Legal year | Use the Act, rules and notification effective for the income or transaction period |
| Taxpayer category | Confirm residence, age, entity, employee/business status and regime |
| Calculation base | Use the statutory definition rather than CTC, net bank receipt or accounting label |
| Ceiling or rate | Apply actual-amount, percentage, shared, lifetime and gross-income limits in sequence |
| Documentation | Link every input to an invoice, statement, contract, certificate or official record |
| Final output | Show tax, surcharge, cess, interest and TDS/TCS credits separately |
This page is written around the entities and concepts search engines expect for the topic: advance tax, self-assessment tax, interest, challan, TDS. They are used only where relevant and are connected to the live calculator and knowledge hub rather than repeated mechanically.
For the complete rules on this topic, see the core guide: Business Income Tax Calculator India 2026: Profit-to-Tax Workflow.
See the broader Income-tax Act 2025 study guide hub for related rules and calculators on this topic.
Self-employed taxpayers generally pay advance tax when estimated tax after TDS/TCS is ₹10,000 or more. Normal instalments are 15%, 45%, 75% and 100% by 15 June, 15 September, 15 December and 15 March; eligible presumptive taxpayers pay 100% by 15 March.
Finin2min rule: establish eligibility, calculate transparently, and preserve an audit trail.
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