Advance Tax Calculator, Due Dates & Installments for Corporate Assessees
Assessment Year 2011-12 ( Financial Year 2010-11 )

Advance Tax Installments and Due Dates for Corporate Tax Payers

The Advance Tax due dates and Calculator on this page are for Corporate Tax Payers viz. Local Authorities, Cooperatives, Firms, Domestic Companies and Other than Domestic Companies. the Calculator also takes into account Marginal Tax relief available on Surcharge on Total Income Tax liability increasing Rs. 1 crore.

• No advance tax is payable if the total tax liability after reducing the tax deducted at source is less than Rs. 5000/-.
• If Advance Tax is not paid in full for instalments falling due on 15th March, 15th September and 15th December , interest at the rate of 1% on the short amount for 3 months is to be paid.
• If Advance Tax is not paid in full for instalments falling due on 15th March, interest at the rate of 1% on the short amount for 1 month is to be paid. If the payment of the last instalment in March is delayed by even a day, interest is to be paid on the entire instalment amount.
• If you do not pay advance tax at all or if the aggregate paid by March 31 is less than 90 per cent of the total tax payable, you will have to pay an interest of 1 per cent per month on the deficit amount from April 1 of the following year till the date you file your return.

Due Date	Advance Tax Installment Amount
15th June	Atleast 15% of Tax on total income for the year.
15th September	Atleast 30% of Tax on total income for the year less advance tax already paid..
15th December	Atleast 60% of Tax on total income for the year less advance tax already paid.
15th March	100% of Tax on total income for the year less advance tax already paid.

Advance Tax Calculator for Corporate Tax Payers for AY 2011-12 FY 2010-11

This calculator takes into account the Marginal Tax Relief available on Surcharge in case income of companies and firms exceeds Rs. 1 crore

Select Advance Tax Date 15th June 15th September 15th December 15th March Select Your Status Firm Domestic Company Other Company Local Authority Cooperative Society Important: Please RESET the Calculator after every calculation. Estimated Net Normal Rate Income Estimated Special Rate Income (not included in Normal Rate Income) Estimated Income Tax at Special Rate, if any Rebate under Section 88E, if any Advance Tax already paid Reset Calculate Income Tax at Normal Rates Total Income Tax Surcharge ( 7.5% of Income Tax if income> Rs. 100,00,000/- ) Education Cess ( 3% of Income Tax + Surcharge ) Total Tax liability Income Net of Income Tax Liability Advance Tax Payable upto 15th June (15% of Total Tax Liability) Balance Advance Tax Payable by 15th June (Advance Tax Payable - Advance Tax Already Paid) Total Advance Tax Payable upto 15th September (30% of Total Tax Liability) Balance Advance Tax Payable by 15th September (Advance Tax Payable - Advance Tax Already Paid) Total Advance Tax Payable upto 15th December (60% of Total Tax Liability) Balance Advance Tax Payable by 15th December (Advance Tax Payable - Advance Tax Already Paid) Total Advance Tax Payable upto 15th March (100% of Total Tax Liability) Balance Advance Tax Payable by 15th March (Advance Tax Payable - Advance Tax Already Paid)