Advance Tax Calculator, Rates and Due Dates for Individaual Assessees
for Assessment Year 2011-12 ( Financial Year 2010-11 )

Advance Tax Installments and Due Dates for Individual Tax Payers

• No advance tax is payable if the total tax liability after reducing the tax deducted at source is less than Rs. 10,000/-.
• If Advance Tax is not paid in full for instalments falling due on 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 you delay payment of the last instalment in March by even a day, you will have to pay interest 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.

Applicable to Individual Male, Female and Senior Citizens and Hindu Undivided Families (HUFs)

Due Date	Amount of Tax
15th September	Atleast 30% of Tax on total income for the year.
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 AY 2011-12 ( FY 2010-11 ) for Individual Tax Payers

Calculate Advance Tax Installment Payable by Individual Male, Female, Senior Citizen, HUF, AOP, BOI & AJP Tax payers.

Select Advance Tax Date 15th September 15th December 15th March Select Your Status Individual-Male or HUF Individual-Female Senior Citizen AOP / BOI / AJP Important: Please RESET the Calculator after every calculation. Estimated Income from Salary & Allowances / Pension / Profession for the Year Estimated Income from House Property Estimated Income from Capital Gains (Short Term + Long Term) Estimated Income from Other Sources viz. interest income Estimated Investments under Sec. 80C, 80CCC & 80CCD (Max. Rs. 1 lakh) + (Rs. 20,000/- for investment in Infrastructure bonds) Estimated Investments under Sec. 80D for Health Insurance (Max. Rs. 20,000/- for Senior Citizens & Rs. 15,000/- for others) Estimated Investments under Sec. 80D for Health Insurance of parents (Max. Rs. 20,000/- if parents are Senior Citizen, otherwise Rs. 15,000/-) Estimated Amount of any other eligible deduction from income Estimated Income at Special Rate, if any (Not to be included in Normal Rate Income stated above) Estimated Income Tax at Special Rate Advance Tax already paid Reset Calculate Total Taxable Income (at normal rates) Income Tax at Normal Rates Total Income Tax Education Cess Total Tax liability (Normal Rate + Special Rate) Income Net of Income Tax Liability 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)