Every company, LLP and firm whose tax liability exceeds Rs.10,000 must pay advance tax in four instalments across the year. Just estimate your annual income — or enter income till date and let the tool annualise it — choose your applicable rate, and get the instalment-wise amount, balance to pay, and any Section 234B/234C interest.
Key points
- Domestic company: 25% (turnover up to Rs.400 cr), 22% under Sec. 115BAA, 15% under Sec. 115BAB (new manufacturing), or 30%
- Firm / LLP: 30%
- Add surcharge (as applicable) and 4% health & education cess
- Four instalments — 15% by 15 Jun, 45% by 15 Sep, 75% by 15 Dec, 100% by 15 Mar
- Annualise income till date to project the full-year estimate mid-year
Frequently asked questions
What is the advance tax rate for a private limited company?
Most companies use 22% under Section 115BAA (effective 25.17% with 10% surcharge and 4% cess), or 25% if turnover is up to Rs.400 crore; otherwise 30%. New manufacturing companies may use 15% under Section 115BAB.
How do companies pay advance tax during the year?
In four instalments — 15%, 45%, 75% and 100% of the estimated annual tax by 15 June, 15 September, 15 December and 15 March respectively.
Estimates for FY 2026-27 (AY 2027-28) for general guidance only; not professional advice. Verify with your tax adviser.